The Centre is working towards a new production-linked incentive (PLI) scheme to encourage container manufacturing in India. Allocation for the scheme may come from a part of the savings from existing PLI schemes, multiple government officials told Business Standard.
An empowered group of secretaries headed by cabinet secretary Rajiv Gauba has decided to redistribute a portion of the savings worth Rs 11,484 crore towards the new PLI scheme. This provision was made while designing the PLI scheme.
Currently, India does not have a robust container manufacturing market, and a large portion of its containers come from China. During the pandemic,