Textile expansion: Govt okays 17 firms under PLI scheme; new projects eye Rs 12,893 crore sales lift

The government has greenlit 17 more companies under the textile PLI scheme, promising a significant boost to domestic manufacturing. These new entrants are set to invest over Rs 2,300 crore, projecting substantial sales and creating thousands of jobs. This initiative aims to elevate India's global standing in man-made fibre apparel and technical textiles, with the application window now extended.