Business Standard

Govt working on PLI schemes for more products to boost manufacturing: Goyal

The government had rolled out PLI schemes for 15 key sectors, including technology, textile, automobile, pharmaceutical drugs, speciality steel, electronics, among others

Piyush Goyal insisted members water down the WTO’s subsidy rules for government-backed food-purchasing programs aimed at feeding poor citizens. (Photo: Bloomberg)
Premium

Commerce and industry minister Piyush Goyal

Shreya Nandi New Delhi
Commerce and Industry Minister Piyush Goyal on Tuesday said the government was working on production-linked incentive (PLI) schemes for more products to boost manufacturing in India.

“We have committed to making India a manufacturing hub. We have come out with a PLI scheme for 14 sectors, apart from (a PLI scheme for) semiconductors, aggregating to Rs 2.7-3 trillion. We are willing to go the extra mile in other sectors. Should there be a need, we are working on a few PLI schemes already,” Goyal said at an industry event organised by Ficci.

The government had rolled out PLI schemes for

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 20 2022 | 9:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com