India’s Production Linked Incentive (PLI) schemes have collectively contributed over ₹16.5 lakh crore in production and sales, while generating more than 12 lakh direct and indirect jobs across the country, according to Union Commerce and Industry Minister Piyush Goyal. The figures were shared during a review meeting held on June 25 with senior officials from various ministries.
Emphasising the strategic intent behind the PLI schemes, Goyal urged ministries to channel efforts into sectors where India holds a global competitive advantage. He highlighted the dual goals of enhancing self-reliance and strengthening export competitiveness, urging stronger coordination with the National Industrial Corridor Development Corporation (NICDC) to address infrastructure bottlenecks.
As of March 2025, ₹21,534 crore in incentives have been distributed across 12 key sectors under the PLI initiative. These sectors have attracted cumulative investments amounting to ₹1.76 lakh crore—marking a significant step in industrial development and economic expansion.
Key Sectors Under the PLI Scheme
The 12 sectors currently benefiting from the PLI scheme include:
Several sectors have demonstrated remarkable progress:
Looking ahead, Goyal called on all involved ministries to formulate a five-year strategic roadmap aimed at boosting both investment inflows and incentive disbursement. The ultimate goal, he reiterated, is to firmly establish India as a global hub for high-value manufacturing.
The PLI initiative, launched in 2021 with a total financial outlay of ₹1.97 lakh crore across 14 sectors, continues to be a cornerstone of India’s industrial and economic policy.
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Published on: Jun 26, 2025, 3:17 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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