<h1>61 Applicants Approved for India's Textile PLI Scheme, Aiming for 240K Jobs and Rs. 184,917 Crore Turnover in 5 Years.</h1> The government approved 61 out of 67 applicants for the Production Linked Incentive (PLI) Scheme for Textiles, aiming to boost India's manufacturing and export capabilities. The scheme anticipates a total investment of Rs. 19,077 crore and a projected turnover of Rs. 184,917 crore over five years, with the creation of 240,134 jobs. The initiative targets MMF Apparel, MMF Fabrics, and Technical Textiles, supported by a financial outlay of Rs. 10,683 crore. The scheme has two parts, with varying investment and turnover requirements. Additionally, the import duty on cotton was reduced to zero to support the sector's growth.