India’s Production Linked Incentive (PLI) scheme has attracted Rs 1.76 lakh crore in committed investments since 2020. Over 12 lakh jobs have been created, the report said. The scheme covers 14 strategic sectors to promote manufacturing under the Atmanirbhar Bharat initiative.
The PLI scheme rewards companies for higher sales beyond a set baseline. Electronics, mobile manufacturing, and pharma have shown strong growth. Auto, textiles, solar modules, and medical devices were later added. Electronics and mobile manufacturing increased 146 per cent, reaching Rs 5.25 lakh crore in FY 2024-25.
Auto and auto-component sectors drew over Rs 67,000 crore in investments. Combined sales across all PLI sectors crossed Rs 16.5 lakh crore by March 2025. Some sectors, such as textiles and white goods, need more time to scale despite benefits from the scheme.
The report recommends enhanced monitoring, better logistics, and higher budget allocation for FY 2025-26 to maximize PLI’s impact. Strengthening the scheme could raise manufacturing’s share of GDP to 25 per cent and anchor India in global supply chains for electronics, EVs, and pharmaceuticals.
