Skip to main content

https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

PLI Schemes Generate ₹2.40 Lakh Crore Investment, 14.15 Lakh Jobs and ₹15.2 Lakh Crore Exports 

Government says the 14-sector Production Linked Incentive (PLI) programme has accelerated manufacturing, reduced imports, strengthened exports, and driven major investments in solar, pharma, electronics, automobiles, and specialty steel. 
Indian Masterminds Stories

New Delhi: India’s Production Linked Incentive (PLI) Schemes continue to drive the country’s manufacturing growth, with the government announcing that the initiative has attracted over ₹2.40 lakh crore in actual investment, generated more than 14.15 lakh direct and indirect jobs, and enabled exports worth over ₹15.2 lakh crore as of March 31, 2026.

The update was shared by Minister of State for Commerce and Industry Jitin Prasada in a written reply in the Lok Sabha. The government said the PLI schemes are strengthening domestic manufacturing, reducing import dependence, increasing exports, and integrating India into global supply chains.

PLI Scheme Delivers Strong Growth Across 14 Key Sectors

The Production Linked Incentive (PLI) programme, launched to boost domestic manufacturing, covers 14 strategic sectors with a total financial outlay of ₹1.91 lakh crore.

According to the government, the scheme has become a major driver of:

  • Manufacturing growth.
  • Export expansion.
  • Employment generation.
  • Domestic value addition.
  • Global competitiveness.

The programme aims to position India as a global manufacturing hub while supporting the government’s vision of Atmanirbhar Bharat (Self-Reliant India).

Read also:India Strengthens ‘Pharmacy of the World’ Status: Pharma PLI Schemes Attract ₹42,694 Crore Investment, Create 1.13 Lakh Jobs

Key Achievements of the PLI Scheme

As of March 31, 2026, the PLI schemes have achieved the following milestones:

  • Actual investment: More than ₹2.40 lakh crore.
  • Employment generated: Over 14.15 lakh direct and indirect jobs.
  • Exports: More than ₹15.2 lakh crore since inception.
  • Total sectors covered: 14.
  • Scheme outlay: ₹1.91 lakh crore.

The government noted that exports have increased significantly from around ₹4 lakh crore until FY24 to over ₹15.2 lakh crore.

Mobile Phone Manufacturing Records Major Success

The PLI scheme has transformed India’s mobile phone manufacturing sector.

Major achievements include:

  • Mobile phone production has increased 2.4 times.
  • Mobile phone imports have declined by 77%.
  • Around 99.2% of mobile phones sold in India are now manufactured domestically.

The government said this has strengthened India’s position as one of the world’s leading mobile manufacturing destinations.

Pharmaceutical Sector Expands Domestic Manufacturing

The pharmaceutical sector has also recorded significant growth under the PLI programme.

Key highlights include:

  • Cumulative sales exceeding ₹3.64 lakh crore.
  • Manufacturing of 1,931 pharmaceutical products within India.
  • Local production of several critical bulk drugs for the first time.

The initiative is helping reduce dependence on imported pharmaceutical ingredients while strengthening India’s healthcare manufacturing ecosystem.

Medical Devices Manufacturing Gains Momentum

The PLI scheme has also supported domestic manufacturing of advanced medical equipment.

India has started producing sophisticated devices such as:

  • CT scanners.
  • MRI systems.
  • Other advanced medical equipment.

The move is expected to strengthen the country’s healthcare infrastructure while reducing import dependence.

White Goods and Solar Manufacturing Receive Major Boost

The government highlighted strong growth in the white goods and renewable energy sectors.

Under the PLI scheme:

  • Compressor manufacturing capacity has increased from 1 million units to 10 million units.
  • High-efficiency Solar PV Module manufacturing capacity has expanded significantly to support India’s clean energy goals.

Solar PV Modules Receive the Highest Investment

According to data presented in Parliament, the High-Efficiency Solar PV Modules sector received the highest investment among all PLI sectors.

Top investment-receiving sectors:

  • High-Efficiency Solar PV Modules: ₹64,873 crore
  • Pharmaceuticals: ₹45,158 crore
  • Automobile & Auto Components: ₹44,326 crore
  • Specialty Steel: ₹23,896 crore
  • Large-Scale Electronics Manufacturing: ₹20,580 crore

These investments are expected to strengthen India’s manufacturing ecosystem across strategic industries.

Government Says PLI Is Strengthening India’s Global Manufacturing Position

In his written reply to the Lok Sabha, Minister of State Jitin Prasada said the PLI schemes have enabled exports worth more than ₹15.2 lakh crore since their launch, demonstrating India’s growing integration into global value chains.

The government believes the initiative is creating new employment opportunities, attracting large-scale investments, increasing domestic production, and reducing dependence on imports across multiple industries.

PLI Scheme Supports India’s Self-Reliance and Economic Growth

With investments exceeding ₹2.40 lakh crore, employment generation crossing 14.15 lakh, and exports surpassing ₹15.2 lakh crore, the Production Linked Incentive (PLI) scheme has emerged as one of India’s flagship industrial policy initiatives.

By encouraging manufacturing across 14 strategic sectors, the programme is playing a key role in strengthening India’s industrial base, enhancing export competitiveness, promoting technological advancement, and supporting the country’s long-term vision of becoming a global manufacturing powerhouse.

Read also: India’s Coal Self-Reliance Push: Govt Takes Major Steps to Boost Production and Reduce Imports


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
government of india logo (1)
Food Testing Comes to Your Doorstep: India Launches First Mobile Lab Accreditation Scheme
NTPC
NTPC Invites MSEs for One-Year Dry Fly Ash Lifting from Kanti Thermal Power Plant in Bihar
punjab
Punjab CM Bhagwant Mann Lays Foundation Stone for ₹37 Crore Sri Guru Ravidass Ji Bani Adhyayan Centre
nlc
NLC India Gets IND AAA/Stable Rating on ₹1,102 Crore Loans, ₹12,525 Crore Debt Reviewed 
Bihar Education
Bihar to Prioritise Land for Landless Schools; 24 Kendriya Vidyalayas Already Allotted Land
sai
Chhattisgarh Gets Major Electronics Boost as Centre Approves Rajnandgaon EMC 2.0 Project 
TG-VEER Portal
TG-VEER Portal Launched for Police Martyrs’ Families; DGP CV Anand Recalls Sacrifices in Warangal
IPS CV Anand
Maoist Era Over, Telangana Police to Redeploy Greyhounds Staff to Urban Crime Bureaus: DGP CV Anand
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
How NAFED is Strengthening Farmers, Markets and Food Security
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
How IFS Piyusha Jagtap Is Changing Conservation Through Stories, Communities and Compassion | Video Interview
ADVERTISEMENT
UPSC Stories
How Family Sacrifices Helped Pradip Bhandare Achieve His IFS Dream
How Family Sacrifices Helped Pradip Bhandare Achieve His IFS Dream
After seven Civil Services Mains, three Indian Forest Service Mains, five UPSC interviews and years of...
IAS Subhankar Bala
How IAS Subhankar Bala Cracked UPSC Without Coaching: The Story of AIR 79 and His Five Practical Preparation Tips
IAS Subhankar Bala secured AIR 79 in UPSC CSE through self-study after failing his first mains. He shares...
sandeep sahu
Why Sandeep Kumar Sahu Believed in Plan B Before Chasing Plan A
Working full-time for nine years, supporting his family and preparing through self-study, Sandeep Kumar...
CSR NEWS
Project Bright Horizon
HPCL, Assam Rifles and Antogattva Foundation Sign MoU to Launch Project Bright Horizon in Northeast
Project Bright Horizon aims to directly impact 1,500 people and benefit 2,500 more through better learning,...
CMPDI CSR
CMPDI Partners with Frontline Global Services to Train 60 Jharkhand Youth Under CSR Initiative
 CMPDI will invest ₹73.62 lakh to provide residential Phlebotomy Technician training, helping unemployed...
GRID-INDIA ALIMCO
GRID-INDIA Signs MoU with ALIMCO to Provide Assistive Devices to Persons with Disabilities
The CSR partnership aims to promote accessibility, independence and social inclusion by providing assistive...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
government of india logo (1)
Food Testing Comes to Your Doorstep: India Launches First Mobile Lab Accreditation Scheme
NTPC
NTPC Invites MSEs for One-Year Dry Fly Ash Lifting from Kanti Thermal Power Plant in Bihar
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Sumit Ramteke tn
How NAFED is Strengthening Farmers, Markets and Food Security
Piyusha Jagtap
ADVERTISEMENT
ADVERTISEMENT