Ministry of Textiles Approves 17 New Applicants under PLI Scheme for Textiles:

Key Points

1. Ministry of Textiles approved 17 new applicants under the PLI Scheme for Textiles in Round 3.
2. The approved applicants have committed a total investment of ₹2,374 crore.
3. The proposed projects are expected to achieve projected sales of over ₹12,893 crore.
4. The projects are expected to generate employment for about 22,646 persons.
5. The PLI Scheme for Textiles was notified on September 24, 2021, with an approved outlay of ₹10,683 crore.
6. The scheme promotes the production of MMF apparel and fabrics, and products of Technical Textiles.
7. The online application portal has been reopened for acceptance of new applications till December 31, 2025.