PLI Scheme is Driving India's Manufacturing Growth

24 Mar 2025 CW Team

The Production Linked Incentive (PLI) Scheme is a transformative initiative boosting India's manufacturing sector, generating jobs, and enhancing exports, aligning with the country’s ‘Atmanirbhar Bharat’ vision.

Key Achievements of the PLI Scheme 1.61 trillion in investments 4 trillion in production 5.31 trillion in exports 11.5 lakh jobs created

Widespread Industry Participation

764 approved applications across 14 key sectors 176 MSMEs among beneficiaries, spanning industries such as Pharmaceuticals, Telecom, White Goods, Textiles, Food Processing & Drones

Boosting Global Competitiveness India’s export basket now includes high-value electronics, telecom products, and processed foods

60% import substitution in telecom products; India now exports 4G & 5G telecom equipment

Medical Device Manufacturing Surge – 44 high-end devices, including MRI, CT-Scans, and Ultrasound machines, now produced domestically

Sectoral Growth & Innovation

Specialty Steel PLI: Rs 200 billion invested, with 9,000+ direct jobs created White Goods PLI: Rs 104 billion investment for local production of AC & LED components

Drones PLI: 7x growth in turnover, making India a global leader in drone technology

Pharmaceuticals PLI: 50% of production now exported, reducing reliance on imported bulk drugs

The PLI Scheme is not just an incentive program but a catalyst for India's transition into a global manufacturing powerhouse. It continues to attract cutting-edge investments, foster domestic innovation, and position India as a key player in global supply chains.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..