New Delhi, April 10 (NationPress) The Indian government has sanctioned 52 fresh applications during Round III of the Production-Linked Incentive Scheme for Textiles, which are projected to generate an investment of Rs 6,708 crore.

Among these applications, five pertain to man-made fibre apparel, 19 to man-made fibre fabrics, 18 to technical textiles, and 10 to multiple segments, as per a statement released by the Ministry of Textiles on Friday.

This investment in textile manufacturing units is anticipated to yield a turnover of Rs 21,186 crore. The approved proposals are expected to significantly enhance the textile sector, particularly in the areas of man-made fibre fabrics, man-made fibre apparel, and technical textiles.

These investments are set to bolster domestic manufacturing capabilities, encourage innovation, and fortify India’s standing in the global textile market, as stated.

The Production-Linked Incentive Scheme for Textiles represents a vital initiative from the Government of India, aimed at fostering high-value textile production, drawing in investments, and creating employment opportunities nationwide.

Companies participating in this scheme have reported investments of Rs 944.48 crore, a turnover of Rs 4,473 crore, and exports totaling Rs 363.55 crore for the first three quarters of FY 2025-26.

The government is dedicated to propelling the growth and competitiveness of the textile industry through strategic policy interventions and collaboration with stakeholders, according to the statement.

India’s textiles sector experienced a notable increase in investments and exports in 2025, driven by government incentive schemes and economic reforms that improved the ease of doing business.

The government has also approved the establishment of seven PM Mega Integrated Textile Region and Apparel Parks, featuring world-class infrastructure, including a plug-and-play facility, with an investment of Rs 4,445 crore over a span of seven years, up to 2027-28.

These parks will be located in Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow), and Maharashtra (Amravati), as stated by the Ministry of Textiles on Wednesday.

To date, investment MoUs with a projected investment potential exceeding Rs 27,434 crore have been executed, with 100% of the land acquired and transferred to the special purpose vehicle.

Following the approval of sites by the Centre, infrastructure projects worth Rs 2,590.99 crore aimed at developing infrastructure up to the park entrances have commenced by all seven state governments.