The Production Linked Incentive (PLI) scheme, launched to strengthen India’s manufacturing base and boost exports, has so far approved 806 applications across 14 sectors, Parliament was informed on Tuesday. As of July in FY26, incentives worth Rs 1,856 crore have been disbursed, taking the cumulative payout since inception to Rs 21,689 crore, according to a written reply by Commerce and Industry Minister Piyush Goyal in the Lok Sabha. With an overall outlay of Rs 1.97 lakh crore, the scheme is aimed at enhancing global competitiveness and attracting large-scale investments.
Till June this year, the scheme has already facilitated Rs 1.90 lakh crore in investments, resulting in incremental production and sales of more than Rs 17 lakh crore and exports exceeding Rs 7.5 lakh crore. In addition, it has generated more than 12.3 lakh direct and indirect jobs across the country. The approved sectors under PLI include electronics, pharmaceuticals, automobiles, textiles, food processing, solar modules, specialty steel, medical devices, telecom, and drones, among others.
Electronics and pharmaceuticals have emerged as key beneficiaries. Mobile phone production alone has recorded a 146 per cent growth in value terms between 2020-21 and 2024-25, while mobile exports have surged nearly eightfold—rising from Rs 22,870 crore in 2020-21 to Rs 2 lakh crore in 2024-25.
