PLI schemes attracted over Rs 2.40 lakh crore investment

Production Linked Incentive (PLI) Schemes has resulted in actual investment of over Rs 2.40 lakh crore and employment generation of over 14.15 lakh (direct and indirect), the Union government said.

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Indian government launched PLI Schemes for 14 key sectors with an approved financial outlay of Rs 1.91 lakh crore.

PLI Schemes have collectively enabled exports of over Rs 15.2 lakh crore since their inception.

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

In the Large Scale Electronics Manufacturing sector, mobile phone production has increased by around 2.4 times since the launch of the Scheme. Mobile phone imports have declined by about 77 per cent, and around 99.2 per cent of mobile phones used in India are now manufactured domestically, as per the data shared by the Minister.

Pharmaceuticals sector has recorded cumulative sales of over Rs 3.64 lakh crore under the Scheme.

The PLI Scheme for White Goods has contributed to a significant expansion in domestic manufacturing. Compressor manufacturing capacity has increased from 1 million units in 2021 to 10 million units in 2025-26.

The cumulative exports reported under the Sectors of PLI Schemes have shown a steady increase over the last three years. The cumulative exports reported as on 31.03.2024 were Rs 4 lakh crore, which increased to Rs 15.2 lakh crore as on 31.03.2026.

 

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