Extended PLI scheme to cover solar PV, specialised steel
POWER & RENEWABLE ENERGY

Extended PLI scheme to cover solar PV, specialised steel

The Government of India has extended the Production-Linked Incentive (PLI) Scheme to 10 new sectors with additional financial outlay of Rs 1,460 billion over a five-year period to enhance India’s manufacturing capabilities and enhancing exports. The new sectors that are included for the scheme are provided in the table below.

The scheme was first launched in April 2020 for mobile manufacturing and electronic components, critical raw materials (drug intermediaries) and active pharmaceutical ingredients (API), and medical devices.

The PLI scheme will be implemented by the concerned ministries and departments (as mentioned in Table) and will be within the overall financial limits prescribed. The final proposals of PLI for individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the cabinet. Savings, if any, from one PLI scheme of an approved sector can be utilised to fund that of another approved sector by the Empowered Group of Secretaries.

Table: Ten new sectors under PLI Scheme

Priority



Sectors


Implementing Ministry/Department


Approved financial outlay over a 5-year period (in Rs crore)

1

Advance Chemistry Cell (ACC) Battery

NITI Aayog and Department of Heavy Industries

18100

2

Electronic/Technology Products

Ministry of Electronics and Information Technology

5000

3

Automobiles & Auto Components

Department of Heavy Industries

57042

4

Pharmaceuticals drugs

Department of Pharmaceuticals

15000

5

Telecom & Networking Products

Department of Telecom

12195

6

Textile Products: MMF segment and technical textiles

Ministry of Textiles

10683

7

Food Products

Ministry of Food Processing Industries

10900

8

High Efficiency Solar PV Modules

Ministry of New and Renewable Energy

4500

9

White Goods (ACs & LED)

Department for Promotion of Industry and Internal Trade

6238

10

Speciality Steel

Ministry of Steel

6322

The new scheme will be in addition to the already notified PLI schemes for three sectors—Mobile Manufacturing and Specified Electronic Components, Critical Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients, and Manufacturing of Medical Devices—with financial outlays of Rs 51,311 crore.

PLI Scheme is a part of Aatmanirbhar Bharat initiative launched by the Union Government to promote an efficient, equitable and resilient manufacturing sector in the country. “Growth in production and exports of industrial goods will greatly expose the Indian industry to foreign competition and ideas, which will help in improving its capabilities to innovate further. Promotion of the manufacturing sector and creation of a conducive manufacturing ecosystem will not only enable integration with global supply chains but also establish backward linkages with the MSME sector in the country. It will lead to overall growth in the economy and create huge employment opportunities,” said the government press release.

The Government of India has extended the Production-Linked Incentive (PLI) Scheme to 10 new sectors with additional financial outlay of Rs 1,460 billion over a five-year period to enhance India’s manufacturing capabilities and enhancing exports. The new sectors that are included for the scheme are provided in the table below. The scheme was first launched in April 2020 for mobile manufacturing and electronic components, critical raw materials (drug intermediaries) and active pharmaceutical ingredients (API), and medical devices. The PLI scheme will be implemented by the concerned ministries and departments (as mentioned in Table) and will be within the overall financial limits prescribed. The final proposals of PLI for individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the cabinet. Savings, if any, from one PLI scheme of an approved sector can be utilised to fund that of another approved sector by the Empowered Group of Secretaries.Table: Ten new sectors under PLI SchemePrioritySectorsImplementing Ministry/DepartmentApproved financial outlay over a 5-year period (in Rs crore)1Advance Chemistry Cell (ACC) BatteryNITI Aayog and Department of Heavy Industries181002Electronic/Technology ProductsMinistry of Electronics and Information Technology50003Automobiles & Auto ComponentsDepartment of Heavy Industries570424Pharmaceuticals drugsDepartment of Pharmaceuticals150005Telecom & Networking ProductsDepartment of Telecom121956Textile Products: MMF segment and technical textilesMinistry of Textiles106837Food ProductsMinistry of Food Processing Industries109008High Efficiency Solar PV ModulesMinistry of New and Renewable Energy45009White Goods (ACs & LED)Department for Promotion of Industry and Internal Trade623810Speciality SteelMinistry of Steel6322 The new scheme will be in addition to the already notified PLI schemes for three sectors—Mobile Manufacturing and Specified Electronic Components, Critical Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients, and Manufacturing of Medical Devices—with financial outlays of Rs 51,311 crore. PLI Scheme is a part of Aatmanirbhar Bharat initiative launched by the Union Government to promote an efficient, equitable and resilient manufacturing sector in the country. “Growth in production and exports of industrial goods will greatly expose the Indian industry to foreign competition and ideas, which will help in improving its capabilities to innovate further. Promotion of the manufacturing sector and creation of a conducive manufacturing ecosystem will not only enable integration with global supply chains but also establish backward linkages with the MSME sector in the country. It will lead to overall growth in the economy and create huge employment opportunities,” said the government press release.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?