June 10: The government has approved 22 additional companies under the Production Linked Incentive (PLI) Scheme for Textiles, a move expected to attract investments worth ₹2,339 crore and generate more than 36,000 employment opportunities across the country.
The latest approvals mark a significant step in strengthening India’s textile manufacturing capabilities and boosting the production of man-made fibre products and technical textiles, key segments identified for driving future growth and exports.
Officials said the investments will help expand domestic manufacturing capacity, encourage technology adoption, and enhance India’s competitiveness in global textile markets. The projects are also expected to support the development of a modern and integrated textile value chain, creating opportunities for businesses across the sector.
The initiative is projected to generate substantial direct and indirect employment, benefiting skilled, semi-skilled, and unskilled workers while supporting economic activity in manufacturing hubs.
The expansion of the PLI scheme reflects the government’s commitment to promoting large-scale manufacturing, attracting private investment, and increasing India’s share in the global textile trade.
With fresh industry participation and significant capital infusion, the textile sector is poised for accelerated growth, reinforcing its role as a major contributor to employment, exports, and overall economic development.