Have Investments Under the PLI Scheme Surpassed ₹2.16 Lakh Crore and Created Over 14.39 Lakh Jobs?
Synopsis
Key Takeaways
New Delhi, Feb 20 (NationPress) The Centre's Production Linked Incentive (PLI) Scheme has successfully attracted investments exceeding ₹2.16 lakh crore within the manufacturing sector, resulting in the creation of more than 14.39 lakh direct and indirect jobs as of December 31, 2025, as stated by the Ministry of Commerce and Industry on Friday.
Cumulative sales from manufacturing units established under this scheme have surpassed ₹20.41 lakh crore, while total exports have exceeded ₹8.3 lakh crore. The government has disbursed a remarkable ₹28,748 crore in production-linked incentives, as per the statement.
A total of 836 applications across 14 sectors have received approval under the PLI scheme. This initiative has fortified India's electronics manufacturing ecosystem, positioning the nation as a key hub for mobile phones and IT hardware products including laptops, tablets, servers, and all-in-one personal computers. The country's mobile phone imports have plummeted by nearly 77 percent since FY 2020–21, with over 99 percent of domestic demand now satisfied through local production.
The manufacturing sector has expanded beyond mere assembly to encompass printed circuit board assemblies, batteries, camera and display modules, enclosures, and other essential sub-assemblies, facilitating deeper integration into global value chains. Domestic manufacturing capacity for IT hardware has also increased, with a gradual localization of components diminishing import reliance.
The scheme has also enabled the inaugural domestic production of 191 bulk drugs, leading to import substitution valued at approximately ₹1,785 crore and enhancing domestic value addition to 83.7 percent. The indigenous development of biosimilars, monoclonal antibodies, and new chemical entities has bolstered pharmaceutical exports and supply chain resilience. The local manufacturing of medical devices such as imaging systems, implants, and diagnostic equipment has lessened import dependency through the implementation of globally benchmarked quality systems.
Moreover, the scheme has sparked investments in electric mobility, power electronics, and advanced safety systems. Reported sales of ₹32,879 crore in FY 2025–26 indicate promising early momentum in technology-driven automotive manufacturing and supplier ecosystem development.
In the telecom and networking products sector, sales have surged more than sixfold compared to the base year (FY 2019–20), while exports have reached ₹21,033 crore. A significant achievement has been the deployment of India's indigenous end-to-end 4G technology stack by BSNL, placing India among a select group of nations possessing such capability.
The PLI scheme has catalyzed investments of over ₹9,200 crore across approved projects. The adoption of advanced technologies like ARBBM spice processing systems, Tetra Recart packaging, and automated seafood processing equipment has improved efficiency, quality, and export readiness.
In the white goods sector, which encompasses air conditioning units and LED lights, domestic manufacturing has commenced for vital components such as compressors, motors, copper tubes, and LED drivers. Domestic value addition is projected to escalate to 75–80 percent by 2028–29, reinforcing the component ecosystem.
The scheme has also facilitated a transition towards high-value man-made fiber and technical textile products, with the integration of PM MITRA Parks enhancing scale manufacturing and improving logistics.
In the high-efficiency solar PV modules under Tranche I and II, the scheme aims for 48 GW of fully integrated solar PV manufacturing capacity, with investment commitments nearing ₹52,942 crore, significantly curtailing import reliance in the renewable energy sector.