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Invest: 14 sectors secured Rs.2.4 lcr under PLI

Fiinews by Fiinews
July 22, 2026
in Investment
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Exports increased to Rs.15.2 lcr under incentive schemes

Production Linked Incentive (PLI) Schemes have secured over Rs.2.4 lakh crore investments in 14 key sectors as of 31 Mar 2026, the Minister of State for Ministry of Commerce and Industry Jitin Prasada in a written reply in Lok Sabha on 21 July.

The Rs.1.91 lakh crore PLI is to enhance India’s manufacturing capabilities, attract investments, increase exports, generate employment and improve India’s global competitiveness. The Department for Promotion of Industry and Internal Trade (DPIIT) acts as the nodal Department for overall coordination and monitoring of the PLI Schemes.

The PLI Schemes sectoral impact across various sectors is:

The PLI Schemes have collectively enabled exports of over Rs.15.2 lakh crore since their inception, reflecting India’s growing integration with global value chains.

In the Large-Scale Electronics Manufacturing sector, mobile phone production has increased by around 2.4 times since the launch of the Scheme. Mobile phone imports have declined by about 77%, and around 99.2% of mobile phones used in India are now manufactured domestically.

The Pharmaceuticals sector has recorded cumulative sales of over Rs.3.64 lakh crore under the Scheme. It has also enabled the domestic manufacture of 1,931 pharmaceutical products, including 191 bulk drugs manufactured in India for the first time, thereby strengthening domestic manufacturing capabilities.

In the Bulk Drugs sector, manufacturing capacity of about 55,000 MT has been established across 26 critical Active Pharmaceutical Ingredients (APIs), significantly enhancing domestic production capacity and reducing import dependence for products such as Paracetamol, Levofloxacin and Norfloxacin.

The PLI Scheme for Manufacturing of Medical Devices has facilitated domestic manufacturing of advanced medical equipment such as CT Scanners, MRI Systems, Cath Labs and Ultrasonography equipment. 22 applicants have commenced operations and 55 unique medical devices have been commissioned.

In the Telecom & Networking Products sector, the Scheme has supported the development of indigenous 4G technology and domestic manufacturing capability for 5G telecom equipment, strengthening India’s telecom manufacturing ecosystem.

The PLI Scheme for White Goods has contributed to a significant expansion in domestic manufacturing. Compressor manufacturing capacity has increased from 1 million units in 2021 to 10 million units in 2025-26, while localisation of key components such as PCBAs and Cross Flow Fans has improved substantially, leading to domestic manufacturing of several critical air-conditioner components.

The cumulative exports reported under the Sectors of PLI Schemes have shown a steady increase over the last three years. The cumulative exports increased to Rs.15.2 lakh crore as on 31 Mar 2026 from Rs.4 lakh crore reported on 31 Mar 2024.

The implementation of the PLI Schemes is reviewed periodically by the Empowered Group of Secretaries (EGoS), chaired by the Cabinet Secretary, as well as by the respective Administrative Ministries and Departments. Based on stakeholder feedback and implementation experience, modifications have been carried out in certain Schemes, wherever required, to address implementation challenges and facilitate effective implementation, the Minister said. fiinews.com

Tags: Ministry of Commerce and Industry
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
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