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PLI Schemes Propel ₹16.5 Lakh Crore in Output, Create 12 Lakh Jobs

Written by: Sachin GuptaUpdated on: 26 Jun 2025, 8:59 pm IST
The government of India has distributed ₹21,534 crore in incentives across 12 key sectors under the PLI initiative.
PLI Schemes Propel ₹16.5 Lakh Crore in Output, Create 12 Lakh Jobs
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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.

Focus on Global Competitiveness and Self-Reliance

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.

Disbursement and Investment: A Look at the Numbers

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:

  • Large-Scale Electronics Manufacturing
  • Pharmaceuticals
  • IT Hardware
  • Automobiles and Auto Components
  • Bulk Drugs
  • Specialty Steel
  • Textiles
  • Medical Devices
  • Telecom
  • Drones
  • White Goods
  • Food Processing

Notable Achievements Across Sectors

Several sectors have demonstrated remarkable progress:

  • Pharmaceuticals: Recorded cumulative sales of ₹2.66 lakh crore, with exports accounting for ₹1.7 lakh crore.
  • Food Processing: Created employment for over 3.4 lakh people.
  • Bulk Drugs: Enabled a shift from import dependency to becoming a net exporter.
  • Millets: Beneficiary procurement rose nearly fourfold within two years.

Strategic Roadmap for Future Growth

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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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