The Commerce and Industry Ministry has said that 764 applications have been approved under Production Linked Incentive (PLI) schemes for 14 key sectors till now. 176 MSMEs are among the PLI beneficiaries in sectors such as bulk drugs, medical devices, pharma, telecom, white goods, food processing, textiles and drones. Actual investment of around 1.61 lakh crore rupees has been reported till November last year. This has generated production and sales of around 14 lakh crore rupees against targets of 15.52 lakh crore rupees up to 2024-25 and 11.5 lakh direct and indirect jobs.
PLI Schemes have transformed India’s exports basket from traditional commodities to high value-added products such as electronics and telecommunication goods and processed food products.
