New Delhi [India], July 21 (ANI): Production Linked Incentive (PLI) schemes have generated cumulative exports of more than Rs. 15.2 lakh crore since their inception, reflecting India’s growing integration with global value chains, while attracting investments of more than Rs. 2.40 lakh crore and creating over 14.15 lakh direct and indirect jobs, the Lok Sabha was told on Tuesday.
In a written reply in the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said the PLI schemes, launched across 14 key sectors with an approved financial outlay of Rs. 1.91 lakh crore, are aimed at enhancing domestic manufacturing, attracting investments, boosting exports, generating employment and improving India’s global competitiveness.
According to the ministry, cumulative exports under the PLI schemes increased from Rs. 4 lakh crore as of March 31, 2024, to Rs. 15.2 lakh crore as of March 31, 2026.
Among the major sectoral achievements, mobile phone production under the large-scale electronics manufacturing scheme has increased by about 2.4 times since its launch, while mobile phone imports have declined by about 77 percent. The government said approximately 99.2 percent of mobile phones used in India are now manufactured domestically.
In the pharmaceuticals sector, cumulative sales under the scheme have exceeded Rs. 3.64 lakh crore, with 1,931 pharmaceutical products, including 191 bulk drugs, being manufactured in India for the first time.
The government also said the telecom and networking products scheme has supported indigenous 4G technology and domestic manufacturing capabilities for 5G telecommunications equipment. Meanwhile, the white goods scheme has expanded domestic manufacturing of key air conditioner components and increased compressor manufacturing capacity from 1 million units in 2021 to 10 million units in 2025-26.
The government said implementation of the PLI schemes is reviewed periodically by the Empowered Group of Secretaries, chaired by the Cabinet Secretary. It added that scheme guidelines have been streamlined, stakeholder consultations are held regularly, and project monitoring has been strengthened to improve participation, accelerate investments, increase production and exports, generate employment, and strengthen domestic manufacturing ecosystems. (ANI)
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