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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..