Print

PLI schemes attract over Rs 2.40 lakh crore investment, generate more than 14.15 lakh jobs: Government

The Government on Tuesday said that the Production Linked Incentive (PLI) Schemes have attracted investments of more than ₹2.40 lakh crore and generated over 14.15 lakh jobs since their launch, while exports under the schemes have crossed ₹15.2 lakh crore, reflecting the growing strength of India’s manufacturing sector.

The PLI Schemes, covering 14 key sectors with an approved financial outlay of ₹1.91 lakh crore, were launched to enhance domestic manufacturing capabilities, attract investments, boost exports, generate employment and improve India’s global competitiveness. The Department for Promotion of Industry and Internal Trade (DPIIT) serves as the nodal department for overall coordination and monitoring of the schemes, while their implementation is handled by the respective ministries and departments.

According to the Commerce and Industry Ministry, as of March 31, 2026, the schemes had resulted in actual investments exceeding ₹2.40 lakh crore and generated more than 14.15 lakh direct and indirect employment opportunities across sectors.

The Ministry said the PLI Schemes have collectively enabled exports worth over ₹15.2 lakh crore since their inception, indicating India’s increasing integration into global value chains. Cumulative exports under the schemes rose significantly from ₹4 lakh crore in 2023-24 to ₹6.5 lakh crore in 2024-25 before reaching ₹15.2 lakh crore in 2025-26.

Among the major achievements, the Ministry said mobile phone production under the Large Scale Electronics Manufacturing Scheme has increased by around 2.4 times since the scheme was introduced. Mobile phone imports have declined by nearly 77 per cent, while around 99.2 per cent of the mobile phones used in India are now manufactured domestically.

In the pharmaceutical sector, cumulative sales under the scheme have crossed ₹3.64 lakh crore. The scheme has enabled the domestic manufacture of 1,931 pharmaceutical products, including 191 bulk drugs being produced in India for the first time, strengthening the country’s manufacturing capabilities.

The Bulk Drugs PLI Scheme has led to the creation of manufacturing capacity of around 55,000 metric tonnes across 26 critical Active Pharmaceutical Ingredients (APIs), reducing dependence on imports for products such as Paracetamol, Levofloxacin and Norfloxacin.

The Ministry also highlighted that the Medical Devices PLI Scheme has facilitated domestic production of advanced equipment, including CT scanners, MRI systems, Cath Labs and ultrasonography equipment. So far, 22 applicants have commenced operations and 55 unique medical devices have been commissioned.

In the telecom sector, the scheme has supported the development of indigenous 4G technology and domestic manufacturing capabilities for 5G telecom equipment, strengthening India’s telecom manufacturing ecosystem.

The PLI Scheme for White Goods has significantly expanded domestic manufacturing capacity. Compressor manufacturing capacity has increased from one million units in 2021 to 10 million units in 2025-26. The scheme has also improved localisation of critical components such as printed circuit board assemblies (PCBAs) and cross-flow fans, leading to domestic production of several key air-conditioner components.

Sector-wise investment figures show that High Efficiency Solar PV Modules attracted the highest cumulative investment of ₹64,873 crore, followed by Pharmaceuticals at ₹45,158 crore, Automobiles and Auto Components at ₹44,326 crore, and Specialty Steel at ₹23,896 crore.

The Ministry said implementation of the schemes is periodically reviewed by the Empowered Group of Secretaries (EGoS), chaired by the Cabinet Secretary, as well as by the concerned administrative ministries. Based on stakeholder feedback and implementation experience, modifications have been introduced in certain schemes to address implementation challenges and improve effectiveness.

It added that several measures, including periodic reviews, rationalisation of scheme guidelines, relaxation of eligibility conditions, stronger project monitoring, regular stakeholder consultations and timely resolution of implementation issues, have been undertaken to improve scheme uptake, accelerate investments, boost production and exports, generate employment and strengthen domestic manufacturing ecosystems.

The information was provided by Minister of State for Commerce and Industry Jitin Prasada in a written reply in the Lok Sabha.

RELATED ARTICLES

4 hours ago | Export Orders

India’s manufacturing PMI eases to 54.7 in October, export orders hit six-month high

India’s manufacturing activity witnessed a marginal moderation in October, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) declining to 54.7 from 55.1 in September. However, the sector continued to register expansion, supported...

4 hours ago | Sensex jumps 1233 points

Sensex jumps 1,233 points on sharp rally in Reliance, steep fall in oil prices

Stock market benchmark indices ended sharply higher on Monday, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80, driven by a steep rally in bellwether Reliance Industries post earnings announcement and cooling crude oil price...

5 hours ago | Captive Coal Mine

Captive, commercial coal mine output rises 42% to 22.03 MT in October

Coal production from captive and commercial mines rose about 42 per cent year-on-year to 22.03 million tonnes (MT) in October 2026, compared with 15.49 MT a year earlier, the Ministry of Coal said on Monday. Dispatches increased about 36 per cent to...