New Delhi, June 10, 2026: In a major boost to India’s textile manufacturing sector, the Government of India has approved 96 companies under Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles, paving the way for significant investments, higher production capacity, and large-scale employment generation across the country.
According to an official announcement by the Ministry of Textiles, 22 new applicants have been approved in the latest phase, bringing the total number of approved companies under Round-3 to 96. These companies have committed a cumulative investment of ₹12,822.67 crore and are projected to generate a turnover of ₹58,294.18 crore from the production of notified textile products.
The newly approved 22 companies alone are expected to invest ₹2,339.14 crore, achieve a projected turnover of ₹15,561.34 crore, and create approximately 36,217 direct and indirect employment opportunities across the textile value chain.
The approved investments are concentrated in key growth segments identified under the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles. These segments have been prioritized to enhance India’s competitiveness in high-value textile products and strengthen its position in global supply chains.
Industry experts view the latest approvals as a strong indication of investor confidence in India’s textile sector and the government’s policy framework aimed at promoting advanced manufacturing. The initiative is expected to accelerate capacity expansion, encourage technology adoption, and support the development of globally competitive textile enterprises.The PLI Scheme for Textiles was introduced to encourage investments in sunrise sectors of the industry and reduce dependence on imports while boosting exports. The scheme aligns with the broader vision of Aatmanirbhar Bharat, focusing on self-reliance, industrial growth, and job creation.
Officials noted that the continued response from the industry highlights the growing attractiveness of India as a textile manufacturing destination. The approved projects are expected to create a robust ecosystem spanning fibre production, fabric manufacturing, garmenting, and technical textile applications.
With substantial investments flowing into MMF and technical textiles, the sector is expected to play a crucial role in driving India’s manufacturing growth, increasing export competitiveness, and generating employment opportunities in both urban and rural regions.
The latest approvals further reinforce the government’s commitment to transforming India into a global hub for value-added textile manufacturing while strengthening the country’s position in emerging textile segments.
