PLI Scheme Drives Investment, Exports And Employment In India’s Textile Sector

0
107

The Production Linked Incentive (PLI) Scheme for Textiles is emerging as a key driver of investment, manufacturing growth and export expansion in India’s textile industry, with significant progress reported since its implementation.

According to data released by the Ministry of Textiles, investments worth Rs 7,343 crore have been reported under the scheme, generating a turnover of Rs 4,648 crore and exports of Rs 538 crore. The initiative has also created employment for 24,679 people, reinforcing its role in strengthening India’s textile manufacturing ecosystem.

A major focus of the scheme has been the promotion of technical textiles and advanced materials, supporting capacity expansion in high-value segments such as glass fibre and carbon fibre. More than 56% of applicants approved under the scheme belong to the technical textiles sector, highlighting the industry’s growing emphasis on innovation-led manufacturing.

The PLI scheme is also supporting the development of advanced products, including automotive safety equipment and composite materials, while encouraging investments in modern production capabilities.

In addition to boosting domestic manufacturing, the initiative is helping enhance India’s export competitiveness in apparel and technical textiles. The scheme is also attracting fresh investments and encouraging global companies to establish manufacturing operations in the country.

With a strong focus on scale, technology and value-added production, the PLI Scheme for Textiles is playing a pivotal role in positioning India as a globally competitive hub for advanced textile manufacturing and exports.

Pesquisar
Categorias
Leia mais
Fashion Media & Publications
Global Used Clothing Leaders Urge UNEP To Ensure Transparency In Textile Trade Guidelines
A coalition of second-hand clothing industry leaders, policymakers and academics from Africa,...
Por Textile Insights 2026-03-28 10:11:23 0 370
Fashion Media & Publications
India-EU FTA to bring Indian textile exporters on par with global competition in EU market
The FTA provides immediate zero duty on 100 per cent tariff lines, and opens up direct access to...
Por The Hindu Businessline 2026-04-02 05:41:11 0 466
Accessories, Footwear & Leather Goods Companies
Профессиональная подготовка кадров на itecompany.ru
В обстановках электронной трансформации и стремительного обновления технологий ключевым фактором...
Por Ivan Popov 2026-04-17 10:02:57 0 160
Fashion Media & Publications
A New Approach To Textile Wastewater: Direct-to-Reuse and ZLD at fractional cost by Vimarsh Verma and Haresh Shandilya
India’s textile industry plays a critical role in employment generation, exports, and GDP...
Por The Textile Magazine 2026-03-23 10:16:43 0 319
Fashion Media & Publications
Reimagining Denim - Responsibly
Anant Ahuja says, enabling low-impact technologies through policy, brands making long-term...
Por The Indian Textile Journal 2026-03-28 05:25:34 0 240