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Status check of PLI schemes that aim to make India world's factory

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Status check of PLI schemes that aim to make India world’s factory
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Following the success, the government announced a PLI scheme for 10 additional selected sectors

Business Standard New Delhi
The government has introduced a sector-specific Production Linked Incentive (PLI) scheme with the objective of import substitution, providing level playing field and incentivising domestic manufacturers. Last year, the government introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers. Following the success, the government announced a PLI scheme for 10 additional selected sectors.  

Schemes announced to date


Large-scale Electronics Manufacturers 

(Mobile phone & specified electronic component) 

Products Covered: Phones & electronics parts

Budgetary Outlay: Rs 40,951 cr

Objective

  • Production of over Rs 10.5 trn,

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First Published: Mar 29 2021 | 6:10 AM IST

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