India clears 22 more Textile PLI applicants, total hits 96 with ₹2,339 cr fresh investment
Government has approved 22 additional applicants under Round 3 of the Textile PLI Scheme, lifting total approvals to 96. The new entrants are projected to bring Rs. 2,339.14 crore (US$233.91 million) in investment and Rs. 15,561.34 crore in turnover, expanding India's MMF and technical textile manufacturing base.
Government approved 22 additional applicants under Round 3 of the Textile PLI Scheme, taking total approvals to 96. New entrants are expected to bring Rs. 2,339 crore in investment and Rs. 15,561 crore in projected turnover, boosting India's textile manufacturing capacity.