Textile PLI 3.0: 96 firms commit Rs 12,823 cr to MMF apparel, technical textiles
Government cleared 96 firms under Round-3 of the Textile PLI scheme, with investment commitments of nearly Rs 13,000 crore and projected turnover of Rs 58,294 crore. The push targets MMF apparel, fabrics and technical textiles, with 22 fresh applicants adding Rs 2,339 crore. Scheme expected to generate 36,217 jobs.
Government approved 96 firms under Round-3 of Textile PLI Scheme with Rs 12,822 crore investment commitment, targeting MMF apparel, fabrics and technical textiles to boost India's value-added textile manufacturing and create 36,217 jobs.