India, June 11 -- The Government has approved 22 additional companies under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, further strengthening India's efforts to boost domestic manufacturing and expand its presence in high-value textile segments.
The newly approved applicants are expected to invest Rs 2,339.14 crore, generate an estimated turnover of Rs 15,561.34 crore from eligible products, and create over 36,000 employment opportunities across the textile value chain.
With these approvals, the total number of companies selected under Round-3 of the scheme has reached 96. Collectively, these companies have committed investments of Rs 12,822.67 crore and are projected to generate turnover of Rs 58,294.18 ...