Textile PLI Scheme: 96 Companies Selected After Round 3
Why in the news
The Textiles Ministry added another batch of firms to its Production Linked Incentive scheme, widening the pool of backed manufacturers.
Key facts
- Scheme: Production Linked Incentive (PLI) Scheme for Textiles.
- New approvals in Round-3: 22 applicants.
- Total companies selected so far: 96.
- Investment expected: ₹12,822 crore.
- Sector focus: technical textiles and man-made fibre production.
Exam angle
- Ministry in charge: Textiles.
- Numbers: 22 new, 96 total, ₹12,822 crore.
- Type of scheme: output-linked incentive for manufacturers.