The government has given the green light to 52 fresh applications in Round III of the Production-Linked Incentive Scheme for Textiles, anticipating an investment of Rs 6,708 crore. Among these, five applications are for man-made fiber apparel, 19 for man-made fiber fabrics, 18 for technical textiles, and 10 for the multiple segment, as per the Ministry of Textiles.
These textile manufacturing units’ investments are projected to yield a turnover of Rs 21,186 crore, providing a significant boost to the textile sector, especially in man-made fiber fabrics, apparel, and technical textiles. The move aims to enhance domestic manufacturing capabilities, foster innovation, and bolster India’s standing in the global textile market.
The Production-Linked Incentive Scheme for Textiles, a pivotal initiative by the Government of India, is designed to promote high-value textile production, attract investments, and create job opportunities nationwide. The scheme participants have disclosed investments of Rs 944.48 crore, a turnover of Rs 4,473 crore, and exports of Rs 363.55 crore for the first three quarters of FY 2025-26.
India’s textile sector witnessed a surge in investments and exports in 2025, driven by government incentive schemes and economic reforms that facilitated business operations. The government has sanctioned the establishment of seven PM Mega Integrated Textile Region and Apparel Parks with top-notch infrastructure, including a plug-and-play facility, with a budget of Rs 4,445 crore for seven years until 2027-28.
