Govt expands Rs 1.45 trn PLI scheme to 10 key sectors, industry hails move

The scheme is in addition to the already announced Rs 51,311 crore PLI for three sectors which takes the total around Rs 2 trn

The Cabinet on Wednesday approved a Rs 1.45 trillion production-linked incentive (PLI) scheme for ten more sectors to attract investments, boost domestic manufacturing, enable companies to become part of the global supply chain and generate employment opportunities.

The sectors include advance chemistry cell (ACC) battery which is used in consumer electronics, electric vehicles, and renewable energy; electronic and technology products; automobiles and automobile components; pharmaceutical drugs; telecom and networking products; textile products; food products; solar PV modules; air conditioners,LEDs and speciality steel.

The scheme is in addition to the already announced Rs 51,311 crore PLI for three sectors -- mobile