The government said that it has approved 61 applications for the production linked incentive (PLI) programme for textiles, including Ginni Filaments, Kimberly Clark India Pvt Ltd, and Arvind Ltd, with an investment potential of over Rs 19,000 crore.
According to Textile Secretary UP Singh, the PLI plan for the textiles sector got a total of 67 bids.
“In the approved 61 applications the proposed total investment expected from the applicants is Rs 19,077 crore and a projected turnover is Rs 1,84,917 crore with a proposed employment of 2,40,134 people,” Singh said.
The government had approved the PLI scheme for textiles products like MMF apparel, MMF fabrics and products of technical textiles for enhancing manufacturing capabilities and boosting exports with an approved financial outlay of Rs 10,683 crore over a five-year period.
