India approves 96 textile firms under PLI scheme, creating 36,000 jobs and ₹12.8 trn investment

The Indian government approved 96 companies in Round‑III of the Production Linked Incentive (PLI) scheme for textiles, including 22 new applicants. The approvals are expected to generate 36,217 jobs and commit ₹12,822.67 crore in investment, with the new entrants contributing ₹2,339.14 crore. Projected turnover for the approved firms reaches ₹58,294.18 crore.

Overall, the PLI programme, launched in April 2020 under the Make in India initiative, has attracted about Rs 2.4 lakh crore of investments across 14 sectors by March 2026. The highest inflows were in high‑efficiency solar PV modules (₹64,873 crore), pharmaceutical drugs (₹45,158 crore) and automobiles & auto components (₹44,326 crore). By that date, 892 applications had been approved, generating production and sales worth Rs 22.66 lakh crore and adding Rs 14.15 lakh crore in value to the economy.