PLI scheme for Textiles: Centre approves 22 new companies, over 36,000 jobs expected
With this, a total of 96 companies have now got selected under the third round of the PLI Scheme for Textiles.
With this, a total of 96 companies have now got selected under the third round of the PLI Scheme for Textiles.
This significant step is set to further accelerate investment, boost domestic manufacturing, and enhance India’s global competitiveness in the Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles sectors, the Ministry of Textiles said on Tuesday.
The 4th Round of the PLI Scheme was launched by the Department for Promotion of Industry and Internal Trade (DPIIT), and the application window was open from 15th September 2025 to 10th November 2025.
The Centre has launched the third round of the Production Linked Incentive (PLI) Scheme for Specialty Steel, furthering its commitment to make India a global leader in advanced steel manufacturing.
Amidst the thaw in India-China relations, the study “Calibrating India's Economic Engagement Strategy with China Amidst the Changing Geopolitical Landscape” by International Economic Relations (ICRIER) has examined the existing imbalances in economic relations between the two countries and suggested key recommendations for the way forward.
His remarks came at the review meeting on the Production Linked Incentive Scheme, one of the notable initiatives for making India “Aatmanirbhar’ in the manufacturing sector.
The Production Linked Incentive (PLI) scheme for automobile and auto components has attracted Rs 25,219 crore in investment and created 38,186 jobs as of December 2024, said the Ministry of Heavy Industries.
There has been a significant increase in jobs from 471.5 million in 2014-15 to 643 million in 2023-24, according to provisional estimates from the RBI’s KLEMS database.
In 2024, the Department for Promotion of Industry and Internal Trade (DPIIT), achieved a range of milestones. These range from Production Linked Incentive (PLI) schemes to boosting startup ecosystems, streamlining logistics, and enhancing FDI inflows.
To bolster the domestic electric vehicle (EV) manufacturing, the government’s production-linked incentive (PLI) scheme with an approved outlay of Rs 25,938 crore, along with some other key initiatives, have brought a significant change for the industry.
