PLI Scheme is Driving India's Manufacturing Growth
ECONOMY & POLICY

PLI Scheme is Driving India's Manufacturing Growth

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.

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.

Next Story
Infrastructure Transport

Central Railway Saves Rs 1.71 Billion via HOG Tech in FY25

Central Railway saved Rs 1.71 billion in financial year 2024-25 by adopting Head-On Generation (HOG) technology across its train operations, an official said. The energy-efficient system helped reduce environmental clearance and operational costs in all five divisions.HOG implementation reached 86.71 per cent during the year, bringing the highest savings of Rs 1.36 billion in the Mumbai division, followed by Rs 223.1 million in Pune, Rs 69.6 million in Nagpur, Rs 36.8 million in Solapur, and Rs 15.9 million in Bhusawal.Unlike the traditional End-On Generation (EOG) system, which uses diesel-po..

Next Story
Infrastructure Transport

Chennai Metro TBM Completes Key Tunnel Link Below Rail Tracks

Chennai Metro Rail Limited has achieved a milestone in its Phase II expansion, with tunnel boring machine Kalvarayan completing an underground stretch beneath one of the city’s busiest railway zones.The machine completed its eight hundred sixty-seven metre journey between Ayanavaram and Perambur stations, surfacing at the Perambur south shaft. This marks the seventh breakthrough under contract by Tata Projects Limited and the eleventh overall in the Phase II project, which aims to deliver over one hundred eighteen kilometres of new metro lines.Kalvarayan is part of the initial nine kilometre..

Next Story
Infrastructure Transport

Railways Introduces Free Sleeper to Third AC Auto Upgrade Policy

Indian Railways has introduced an auto-upgrade policy allowing confirmed Sleeper Class passengers to be moved to Third AC at no additional cost. The move aims to improve travel comfort and optimise seat occupancy, especially during off-peak periods when higher-class seats remain vacant.The system works during preparation of the first reservation chart, about four hours before departure. Passengers must opt-in during booking by selecting “Consider for Auto Upgrade”; otherwise, the system defaults to “Yes”.Upgrades are limited to two class levels. For example, a Sleeper ticket holder may..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?