What Does the Centre's Approval of 17 New PLI Textile Applicants Mean for the Industry?
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Synopsis
In a significant boost for India's textile sector, the Ministry of Textiles has approved 17 new applicants under the PLI scheme. This initiative aims to enhance investment, promote domestic production, and create thousands of jobs, positioning India as a key player in the global textile market. Read on to discover the details and implications of this decision.
Key Takeaways
- 17 new applicants approved under the PLI scheme for textiles.
- Investment of Rs 2,374 crore committed by these applicants.
- Projected sales of over Rs 12,893 crore.
- Expected to create 22,646 job opportunities.
- Scheme amended to increase industry participation.
New Delhi, Nov 18 (NationPress) The Ministry of Textiles has granted approval to 17 new applicants under the Production Linked Incentive (PLI) Scheme for Textiles in its third selection round.
This crucial measure is poised to significantly enhance investment, promote domestic manufacturing, and fortify India’s standing in the global market for man-made fibre (MMF) apparel, MMF fabrics, and technical textiles, as stated in an official release on Tuesday.
The newly accepted applicants have pledged a cumulative investment of Rs 2,374 crore. The anticipated projects are projected to yield sales exceeding Rs 12,893 crore and create approximately 22,646 jobs in the forthcoming years, according to the announcement.
The PLI scheme for textiles was launched on September 24, 2021, with an approved budget of Rs 10,683 crore aimed at fostering the production of MMF apparel and fabrics, as well as technical textile products.
This initiative intends to empower the textile sector to attain the requisite scale and global competitiveness while generating substantial employment opportunities. In the first two selection rounds, a total of 74 applicants have received approval under this scheme.
Recently, the Ministry has introduced significant amendments to the Scheme to promote greater industry involvement. The online application portal has been reopened for new submissions until December 31, 2025.
Companies interested in participating in the Scheme can apply at https://pli.texmin.gov.in/.
With investments surpassing Rs 1.76 lakh crore and notable advancements in output, exports, and job creation, the Centre’s PLI Scheme has been instrumental in transitioning India from a nation heavily reliant on imports to a formidable player in global manufacturing, as per official data.
By supporting emerging sectors, fostering innovation, and localizing global supply chains, the PLI schemes are strategically reinforcing India's manufacturing foundation.
The production outcomes have been remarkable, with total sales from PLI participants exceeding Rs 16.5 lakh crore, showcasing significant growth in crucial sectors like textiles, electronics, pharmaceuticals, and automotive.
The PLI initiative has also emerged as a significant job creator, generating over 12 lakh direct and indirect employment opportunities, while also nurturing additional ecosystem development across Tier-2 and Tier-3 cities. Notably, the scheme has sparked a new wave of FDI into the country, establishing India as a preferred hub for high-value manufacturing in the changing global landscape.
Point of View
We view this significant approval by the Ministry of Textiles as a pivotal step toward bolstering India’s textile manufacturing capabilities. The PLI scheme not only promises substantial financial investments but also aims to create thousands of jobs, thereby contributing to the nation's economic growth. It is essential for India to strengthen its position in global textile markets, and this move signals a promising direction towards achieving that goal.
NationPress
18/11/2025
Frequently Asked Questions
What is the Production Linked Incentive (PLI) Scheme?
The PLI Scheme is a government initiative aimed at boosting domestic manufacturing, enhancing production capabilities, and creating jobs in various sectors, including textiles.
How many applicants have been approved under the PLI scheme for textiles?
In total, 17 new applicants have been approved in the latest round, adding to the previous 74 applicants from earlier selections.
What is the total investment committed by the newly approved applicants?
The newly approved applicants have committed a total investment of Rs 2,374 crore.
What is the expected impact on employment from these new approvals?
The approved projects are expected to generate around 22,646 jobs in the coming years.
How can companies apply for the PLI scheme?
Interested companies can apply for participation in the PLI scheme through the online portal at https://pli.texmin.gov.in/ until December 31, 2025.
