Govt has offered 21,535 crore of incentives underneath PLI schemes

The authorities’s Production-Linked Incentive scheme has seen the federal government present ₹21,534 crore price of incentives in numerous sectors, thereby attracting investments price ₹1.76 lakh crore, based on an official launch. The scheme has generated manufacturing or gross sales price ₹16.5 lakh crore as of March 2025. 

The launch was issued following a assessment assembly held by Commerce Minister Piyush Goyal of the PLI schemes. During the assessment, the Minister mentioned that India should prioritise the sectors by which it has a aggressive edge over different nations. 

“Cumulative incentive quantity of Rs. 21,534 crore has been disbursed underneath PLI Schemes for 12 sectors viz. large-scale electronics manufacturing (LSEM), IT {hardware}, bulk medication, medical gadgets, prescription drugs, telecom & networking merchandise, meals processing, white items, cars & auto parts, specialty metal, textiles, and drones & drone parts,” the discharge mentioned.

Some of the actual success tales of the PLI schemes in enhancing exports are within the pharmaceutical, bulk medication, meals processing, and textile sectors, it added.

The pharmaceutical sector noticed cumulative gross sales of ₹2.66 lakh crore, together with exports of ₹1.70 lakh crore within the first three years of the scheme. The pharma export gross sales underneath the scheme in 2024-25, at ₹0.67 lakh crore, was round 27% of the entire pharma exports of the nation that yr. 

In addition, 40% of the entire funding of ₹37,306 crore within the sector has been undertaken for analysis and improvement (R&D) functions. The general Domestic Value Addition within the Sector has been 83.70% as of March 2025.

“The PLI scheme has contributed to India turning into a web exporter of bulk medication (Rs 2,280 crore) from web importer (Rs -1,930 crore) as was the case in FY 2021-22,” the discharge mentioned. “It has additionally resulted in vital discount within the hole between the home manufacturing capability and demand for crucial medication.”

According to the federal government, the PLI scheme for meals merchandise has attracted investments price ₹9,032 crore, which has resulted in manufacturing of ₹3.8 lakh crore and direct and oblique employment of three.4 lakh individuals.