PLI schemes will drive job creation in next two years: TeamLease report

60% of employers in survey express hiring intent; pharma has the highest positive hiring sentiment (68%) followed by white goods (67%) and textile products (62%)

Employment generation due to the production linked incentive (PLI) scheme is set to increase as 60 per cent of the employers surveyed expressed hiring intent over the next two years, says a report by TeamLease services.

The report titled “PLI Impact on Job Creation” mentions that as many as 71 per cent employers in small and medium sized organisations foresee an increase in hiring due to the PLI scheme, in contrast to only a fifth of the large organisations (22 per cent) anticipating hiring in the coming days.

The overall intent to hire across small and medium-sized organisations is highest