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.
The Centre has reopened the application window for the PLI Scheme for White Goods (ACs and LED Lights) for the period from 15th July, 2024 to 12th October, 2024 (inclusive).
Under the amended scheme, the incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24.
Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, FDI inflows stood at $45.15 billion in 2014-2015. The year 2021-22 recorded the highest ever FDI at $83.6 billion.
Recently, the government approved an outlay of Rs 76,000 crore ($10 billion) for the development of semiconductors and display manufacturing ecosystem.
It is also expected to bring about additional production turnover of over Rs 3 lakh crore during the period and create employment opportunities of over 7.5 lakh people directly and several lakhs more for supporting activities, as per the government.
