Production Linked Incentive Scheme

December 10, 2025 1:33 PM

DPIIT releases 2025 year-end review: PLI gains, startup expansion, logistics reforms and major industrial growth highlight India’s economic momentum

The Department for Promotion of Industry and Internal Trade (DPIIT) has released its 2025 Year-End Review, outlining major achievements across manufacturing, startups, logistics, ease of doing business, intellectual property, and foreign investment. The review shows steady progress in India’s push toward becoming a global manufacturing and innovation hub. A key highlight of the year has been the continued progress of the Production Linked Incentive (PLI) schemes, launched for 14 strategic sec...

November 4, 2025 3:17 PM

Union Minister H.D. Kumaraswamy launches third round of PLI scheme for specialty steel

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Tuesday launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, marking a milestone in India’s efforts to strengthen domestic manufacturing and boost value-added steel production. The PLI Scheme for Specialty Steel, approved by the Cabinet in July 2021, is a flagship initiative under the Atmanirbhar Bharat vision to make India a global hub for high-end steel manufacturing. So far, the schem...

August 25, 2025 5:05 PM

India Writes a New Chapter in Manufacturing: PLI Scheme Accelerates Growth

From factory floors to innovation centres, India’s manufacturing sector is quietly undergoing a major makeover, driven by strategic policy and industrial ambition. Central to this transformation is the Production Linked Incentive (PLI) Scheme: a flagship initiative aimed at elevating the manufacturing share of GDP to 25% and positioning India among the world’s premier manufacturing powerhouses. With an incentive outlay of ₹1.97 lakh crore and 806 applications approved across 14 strategic ...

June 25, 2025 4:34 PM

Piyush Goyal chairs review meeting on PLI scheme

Union Minister of Commerce and Industry Piyush Goyal on Wednesday chaired a high-level review meeting on the Production Linked Incentive (PLI) Scheme, underlining its critical role in making India "Aatmanirbhar" in the manufacturing sector. During the meeting, held with representatives from all concerned ministries, Goyal emphasized that India must focus on sectors where it holds a competitive edge globally and proactively address the challenges faced by various stakeholders to boost the country...

December 27, 2024 4:36 PM

Year-End Review 2024: Key achievements & initiatives of Ministry of Food Processing Industries

In 2024, the Ministry of Food Processing Industries (MoFPI) achieved significant milestones, driving growth in farm incomes, job creation, and reduction of post-harvest losses. The ministry's focus on improving infrastructure for preservation and processing, along with its various schemes, has been crucial to developing the food processing sector. Here's a recap of the key achievements and initiatives undertaken by MoFPI during the year. Sectoral Growth and Increased Exports The processed fo...

December 9, 2024 5:01 PM

Centre’s PLI scheme to boost millet-based products: All you need to know

The Government of India has introduced the Production Linked Incentive Scheme for Millet-Based Products (PLISMBP) to support the use of millets in food products and encourage value addition. This initiative, launched for the period 2022-2027, comes with an allocation of ₹800 crore and aims to boost millet production and processing by removing the threshold investment requirement, making it accessible to a wider range of participants. Under the scheme, companies are eligible for incentives if ...