New Delhi, April 10 (IANS) The government has approved 52 new applications under Round III of the Production-Linked Incentive Scheme for Textiles, which are expected to attract an investment of Rs 6,708 crore.
While five of these applications are for man‑made fibre apparel, 19 are for man‑made fibre fabrics, 18 for technical textiles, and 10 for the multiple segment, according to a statement issued by the Ministry of Textiles on Friday.
The investment in these textile manufacturing units is expected to generate a turnover of Rs 21,186 crore. The approved proposals are expected to provide a significant boost to the textile sector, particularly in the segments of man‑made fibre fabrics, man‑made fibre apparel, and technical textiles.
These investments will enhance domestic manufacturing capabilities, promote innovation, and strengthen India’s position in the global textile market, the statement said.
The Production-Linked Incentive Scheme for Textiles is a key initiative of the Government of India aimed at promoting high‑value textile production, attracting investment, and generating employment opportunities across the country.
The scheme participant companies have reported investments of Rs 944.48 crore, turnover of Rs 4,473 crore, and exports of Rs 363.55 crore for the three quarters of FY 2025‑26.
The Government remains committed to supporting the growth and competitiveness of the textile industry through targeted policy interventions and stakeholder collaboration, the statement said.
India’s textiles sector recorded a surge in investment and exports in 2025, fuelled by government incentive schemes and economic reforms that facilitated ease of doing business.
The government has approved the setting up of seven PM Mega Integrated Textile Region and Apparel Parks with world‑class infrastructure, including a plug‑and‑play facility with an outlay of Rs 4,445 crore for a period of seven years up to 2027‑28.
These parks are coming up in Tamil Nadu (Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi), Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow), and Maharashtra (Amravati), according to a statement issued by the Ministry of Textiles on Wednesday.
So far, investment MoUs with expected investment potential of over Rs 27,434 crore have been signed, and 100 per cent of the land has been acquired and handed over to the special purpose vehicle.
After the approval of sites by the Centre, infrastructure works worth Rs 2,590.99 crore for providing infrastructure till the park gates have been started by all seven state governments.
–IANS
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