PLI Schemes Have Led To Investments of Over Rs 1.25 Trillion

10 Dec 2024 CW Team

Prime Minister Narendra Modi stated on Monday that India's Production Linked Incentive (PLI) schemes have attracted investments of over Rs 1.25 trillion. While speaking at the Rising Rajasthan Global Investment Summit 2024, he highlighted that the role of the PLI scheme in boosting manufacturing in India is growing.

PM Modi mentioned that there is considerable enthusiasm in sectors such as electronics, specialty steel, automobiles and auto components, solar, and pharmaceuticals. He further noted that investments of approximately Rs 1.25 trillion have been made due to the PLI scheme, with products worth around Rs 11 lakh crore being manufactured and exports increasing by Rs 4 trillion.

He also pointed out that Rajasthan has a strong foundation in the automotive and auto components industry and significant potential for electric vehicle manufacturing. He added that the state also possesses the necessary infrastructure for electronics manufacturing.

Rajasthan Chief Minister Bhajan Lal Sharma, who spoke before PM Modi, mentioned that agreements for investments worth Rs 35 trillion had been signed during the summit.

Regarding the ongoing reform initiatives in India, PM Modi emphasised that the country is following the mantra of "Reform-Perform-Transform." He stated that in the past 10 years, India has nearly doubled the size of its economy. He also mentioned that India's exports and Foreign Direct Investment (FDI) have more than doubled compared to the decade before 2014. Additionally, he noted that India's infrastructure expenditure has increased from about Rs 2 trillion to Rs 11 trillion during this period.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..