Govt approves 22 new applicants in Round-III of Textile PLI Scheme; ₹12,822 cr investment committed
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Government scheme — a structured programme with defined beneficiaries, budget allocation, and delivery mechanisms. The primary instrument for delivering welfare and development outcomes.
Summary
Newly approved companies include those from Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles segments
Key Facts
Type Scheme
Source BusinessLine - Economy
Published Wednesday, 10 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right
Impact Assessment
7 /10
Impact Score Beneficiaries Manufacturing sector — MSMEs and large enterprises
Budget Allocation Rs 197K Crore
Coverage All states and UTs
Implementation Status Operational 60% implemented
Key Outcomes
- PLI schemes across 14 sectors with Rs 1.97 lakh crore outlay
- India's manufacturing share in GDP: 17.4% (target 25%)
- FDI inflows crossed $100 billion in 2024-25
Challenges
- Land acquisition delays
- Infrastructure gaps in hinterland
- Skill shortages