Government approves 96 Companies under round-III of Textile PLI Scheme; ₹12,822 crore investment to boost manufacturing and employment

• Production Linked Incentive (PLI) Scheme for Textiles is a Central Sector Scheme to scale up Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles manufacturing in India.
• Round-III cumulative selection has reached 96 companies with ₹12,822.67 crore committed investment and projected turnover of ₹58,294.18 crore.
• Flagship industrial-policy lever to reduce India's MMF/technical-textiles import dependence and shift the textile basket away from its cotton-heavy historical tilt.
• Examinable as a case study of India's 14-sector PLI architecture (GS-III: industry, employment, manufacturing).