Production Linked Incentive (PLI) Scheme (Download PDF)

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  • The central government has unveiled a Production-linked Incentive (PLI) scheme to encourage domestic manufacturing investments in 10 more sectors with an estimated outlay of about ₹ 1.46 lakh crore.
  • These ten sectors had been identified based on their potential to create jobs and make India self-reliant.
Production Linked Incentive (PLI) Scheme

Sectors Included

Food Processing, Telecom, Electronics, Textiles, Specialty Steel, Automobiles and Auto Components, Solar Photo Voltaic Modules, White goods such as air conditioners and LEDs.

PLI Scheme

  • Earlier, the government had announced a production linked incentive or PLI scheme for medical devices, mobile phones and specified active pharmaceutical ingredients, with a proposed outlay of ₹ 51,311 crore.
  • Now, several more pharmaceutical products have been brought under the aegis of the PLI scheme, including complex generics, anti-cancer and diabetic drugs, in-vitro diagnostic devices and special empty capsules.
  • PLI scheme was Notified on April 1 as a part of the National Policy on Electronics.
  • It proposes a financial incentive to boost domestic manufacturing and attract large investments in the electronics value chain.

Targets to be Achieved by PLI

  • It will make Indian manufacturers globally competitive and efficient
  • Attract investment in the areas of core competency and innovative technology under the Make in India.
  • Ensure efficiencies of manufactured products
  • Create economies of scale.
  • Enhance exports.
  • Make India an integral part of the global supply chain.

- Published/Last Modified on: May 21, 2021

International Relations/Organizations, Govt. Schemes/Projects

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