Textile PLI Round-III clears 96 firms; ₹12,822 cr investment to expand MMF apparel, technical textiles base

Ministry of Textiles approved 96 companies under Round-3 of the PLI scheme, with ₹12,822.67 cr committed investment, ₹58,294 cr projected turnover and 36,217 jobs. Coverage spans MMF apparel, fabrics and technical textiles—broadening domestic sourcing options for apparel retailers.

— Source publishedWed, 10 Jun, 2026, 17:06 IST·First seen Wed, 10 Jun, 2026, 17:11 IST·Source The Hindu BusinessLine

What happened

Ministry of Textiles · Government cleared 96 companies under Round-3 of textiles PLI scheme with ₹12,822 crore committed investment, covering MMF apparel,

Key facts

  • 96 companies
  • ₹12,822.67 crore investment
  • 22 new applicants
  • ₹2,339.14 crore new investment
  • ₹58,294.18 crore projected turnover
  • 36,217 jobs

Why this matters

The newly onboarded 96 PLI beneficiaries represent a fresh pipeline of vertically-integrated MMF and technical textile partners worth screening for private-label JVs, capacity tie-ups, or strategic minority stakes.

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