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 Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..