Govt Approves 52 Applications Under PLI Scheme for Textiles with ₹6,708 Crore Investment

Written by: Team Angel OneUpdated on: 13 Apr 2026, 3:57 pm IST
Government clears 52 textile PLI applications with ₹6,708 crore investment and ₹21,186 crore expected turnover under the scheme.
Govt Approves 52 Applications
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The government has expanded its push to strengthen domestic textile manufacturing by approving a fresh set of applications under the Production Linked Incentive scheme.  

The latest approvals reflect continued industry participation across multiple textile segments. 

Approvals, Investment and Expected Output 

Under the third round of the Production Linked Incentive scheme for textiles, a total of 52 applications have been cleared.  

These include 5 applications in manmade fibre apparel, 19 in manmade fibre fabrics, 18 in technical textiles and 10 spanning multiple segments. 

The approved applicants have collectively committed investments worth ₹6,708 crore. Based on these proposals, the expected turnover is estimated at ₹21,186 crore. 

The textiles ministry stated that these investments are aimed at strengthening manufacturing capabilities, encouraging innovation and reinforcing India’s position in global textile markets, noting that the initiative will “enhance domestic manufacturing capabilities” and “strengthen India’s position in the global textile market.” 

Current Performance and Scheme Background 

Participants under the scheme have already reported measurable progress. During the first three quarters of FY26, companies under the PLI programme recorded investments of ₹944.48 crore, turnover of ₹4,473 crore, and exports worth ₹363.55 crore. 

The textile PLI scheme was originally approved in September 2021 with a total budgetary outlay of ₹10,683 crore for a period of 5 years.  

The programme focuses on boosting production in key segments such as manmade fibre apparel, manmade fibre fabrics and technical textiles, which are seen as critical to expanding India’s presence in global textile trade. 

Read More: Govt Urges Manufacturers to Scale Induction Cooktop Output Amid LPG Disruptions! 

Conclusion 

The latest round of approvals under the textile PLI scheme highlights continued momentum in investment and capacity creation, with a clear focus on scaling production and enhancing export potential. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 13, 2026, 10:24 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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