How Has the PLI Scheme Approved 806 Projects and Disbursed Rs 1,856 Crore in Incentives?
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Synopsis
The PLI scheme has approved 806 applications and disbursed Rs 1,856 crore in incentives, propelling India's manufacturing sector forward. Explore how these measures are catalyzing growth and creating jobs across various industries.
Key Takeaways
- 806 projects approved under PLI.
- Rs 1,856 crore incentives disbursed so far.
- Focus on enhancing India’s manufacturing competitiveness.
- Significant growth in mobile phone production and exports.
- Creation of over 12.3 lakh jobs nationwide.
New Delhi, Aug 19 (NationPress) The Production Linked Incentive (PLI) scheme, initiated to enhance India’s manufacturing capacity and stimulate exports, has granted approval to 806 applications spanning 14 sectors thus far, as reported to Parliament on Tuesday. As of July, a total of Rs 1,856 crore in incentives has been allocated in the current financial year, elevating the total disbursement since the scheme's inception to over Rs 21,600 crore, according to Commerce and Industry Minister Piyush Goyal in a written response during a Lok Sabha session.
The PLI initiatives, with a comprehensive budget of Rs 1.97 lakh crore, aim to bolster the global competitiveness of Indian industries and attract substantial investments, the Union Minister remarked.
“The sectors that have received approval encompass electronics, pharmaceuticals, automobiles, textiles, food processing, solar modules, specialty steel, medical devices, telecom, and drones, among others,” he elaborated.
By June, investments amounting to Rs 1.90 lakh crore have been realized through the PLI schemes.
This has resulted in additional production and sales exceeding Rs 17 lakh crore, while exports have surpassed Rs 7.5 lakh crore.
Moreover, the scheme has generated over 12.3 lakh direct and indirect jobs nationwide.
Both electronics and pharmaceuticals have emerged as significant beneficiaries. For example, mobile phone production has seen a remarkable 146 percent increase in value from 2020-21 to 2024-25, with mobile exports jumping nearly eightfold, from Rs 22,870 crore in 2020-21 to Rs 2 lakh crore by 2024-25.
The pharmaceutical sector has recorded cumulative sales of Rs 2.66 lakh crore over three years, with exports contributing Rs 1.70 lakh crore.
During this timeframe, India has transitioned from being a net importer of bulk drugs to a net exporter.
The government has implemented measures such as quarterly disbursements, online application processes, simplified compliance standards, and expedited regulatory approvals to guarantee timely assistance under the scheme.
The administration emphasized that the PLI scheme has had a broad impact, yielding noticeable improvements in production, exports, and employment across various sectors.
Point of View
Continuous monitoring and support will be essential to sustain this growth trajectory.
NationPress
19/08/2025
Frequently Asked Questions
What is the Production Linked Incentive (PLI) scheme?
The PLI scheme is an initiative launched by the Indian government to encourage domestic manufacturing and increase exports across various sectors.
How many projects have been approved under the PLI scheme?
As of now, 806 projects have received approval under the PLI scheme.
What is the total amount disbursed as incentives?
The total amount disbursed in incentives under the PLI scheme is Rs 1,856 crore.
Which sectors are covered under the PLI scheme?
The PLI scheme covers various sectors including electronics, pharmaceuticals, automobiles, textiles, and more.
What impact has the PLI scheme had on job creation?
The PLI scheme has created over 12.3 lakh direct and indirect jobs across the country.
