· Policy & Manufacturing · Source: thehindubusinessline.com

Govt approves 22 new applicants in Round-III of Textile PLI Scheme; ₹12,822 cr investment committed

The government approved 22 new applicants under Round-3 of the Textile PLI Scheme, bringing total selections to 96 companies with ₹12,822 crore in committed investments and projected turnover of ₹58,294 crore. Covering Man-Made Fibre apparel, MMF fabrics, and Technical Textiles segments, the scheme is expected to generate over 36,000 jobs, strengthening India's position as a global value-added textile manufacturing hub.

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