The newly approved companies are expected to invest Rs 2,339.14 crore, generate a turnover of Rs 15,561.34 crore in notified products and create 36,217 jobs across the textile value chain.
With these approvals, the cumulative committed investment under Round-3 of the scheme has reached Rs 12,822.67 crore, while the projected turnover stands at Rs 58,294.18 crore.
The selected companies operate across key focus segments of the PLI scheme, including man-made fibre (MMF) apparel, MMF fabrics and technical textiles, sectors identified by the government as high-growth areas with significant export potential.
The ministry said the latest approvals reflect continued industry interest in the scheme and are expected to strengthen India’s position as a global manufacturing hub for value-added textile products.
The proposed investments are also expected to help build a competitive domestic textile ecosystem, boost manufacturing capacity and support job creation in sunrise segments of the sector.
Launched to encourage large-scale investments in advanced textile products, the PLI scheme is a key part of the government’s broader strategy to enhance India’s competitiveness in global textile markets and promote self-reliance in manufacturing.