Textile Ministry Greenlights 17 New Applicants Under PLI Scheme, Driving ₹2,374 Cr Investment

Overview

The Textile Ministry has approved 17 new applicants for the Production Linked Incentive (PLI) Scheme for textiles. These companies will invest Rs 2,374 crore, aiming for over Rs 12,893 crore in sales and creating 22,646 jobs. The scheme focuses on Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles to enhance India's manufacturing and global competitiveness.