Giving a thrust: Exports to account for 48% of nine PLI schemes

Data suggests bulk of the exports will come from largescale electronic manufacturing, which is dominated by mobiles

Exports will account for 48 cent of the sales value committed by companies — Rs 28.9 trillion — across nine Production Linked Incentive (PLI) schemes spanning various sectors, based on their commitments to the government.

Morgan Stanley’s data, derived from government figures, estimates that total exports at the end of the scheme for seven out of the nine PLIs will be to the tune of Rs 13.9 trillion.

The share of exports is expected to be far higher as the government has not given out the incremental export commitments, if any, of the PLI’s in textiles, auto and auto components