India
PRODUCTION LINKED INCENTIVE SCHEME WITH INR 1.91 LAKH CRORE(USD 23.7 BILLION) OU Drives Strong Industry Participation Across 14 Strategic Sectors
The government has disbursed about Rs 28,748 crore (USD 3.46 billion) under the Production-Linked Incentive (PLI) schemes for 14 sectors, including electronics and pharmaceuticals, since the launch of the support measure aimed at boosting domestic manufacturing, the government said on Friday. In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors with a total outlay of around Rs 1.97 lakh crore(USD 23.7 billion). As many as 836 applications across these sectors, involving cumulative investment commitments of over Rs 2.16 lakh crore(USD 26.0 billion), have been approved under the PLI scheme as of December 2025. The 14 sectors include large-scale electronics manufacturing, IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom and networking products, food processing, white goods, drones, specialty steel, textile products, and automobiles and auto components. Manufacturing has expanded beyond basic assembly to include printed circuit board assemblies, batteries, camera and display modules, enclosures, and other critical sub-assemblies, enabling deeper integration with global value chains. The scheme for automobiles has catalysed investments in electric mobility, power electronics, and advanced safety systems. Further, under Tranche I and II, the PLI scheme for solar modules targets 48 GW of fully integrated solar PV manufacturing capacity, with investment commitments of nearly Rs 52,942 crore(USD 6.38 billion). (ICE NEW DELHI)
Fonte notizia: Economic Times
