Centre clears Rs 2,339 cr investment under Textile PLI Round-3, eyes 36,217 jobs
Ministry of Textiles approved 22 new applicants under Round-3 of the PLI Scheme, unlocking Rs 2,339.14 crore in fresh investment across MMF apparel, fabrics and technical textiles. Total cohort now spans 96 companies with Rs 12,822.67 crore committed and Rs 58,294.18 crore projected turnover.
What happened
Ministry of Textiles · Centre approved 22 new applicants under Round-3 of Textile PLI Scheme, bringing Rs 2,339 crore investment, 36,217 jobs, across MMF
Key facts
- Rs 2,339.14 crore investment
- 96 companies
- 36,217 jobs
- Rs 58,294.18 crore projected turnover
- 22 new applicants
- Rs 12,822.67 crore committed
Why this matters
Scout the 22 new Round-3 applicants for partnership or acqui-hire targets in MMF and technical textiles before their capacity comes online and valuations re-rate on PLI disbursement milestones.