New Delhi, June 10 -- In a massive boost to the textile industry, the Central Government has approved 96 companies under round-III of Textile PLI Scheme; which will bring a total investment of Rs 2,339.14 crore, as per the statement by the Ministry of Textiles.

According to the release, the investment boost will generate over 36,000 jobs across the textile industry with a projected turnover of over Rs 58,000 crore. The Indian Government has approved 22 new applicatns under the third round with a committed investment of Rs 12,822.67 crore.

"A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs.12,822.67 crore and a projected turnover of Rs.58,294.18 crore," the release added.

"The...