India’s Product-Linked Incentive (PLI) schemes, launched in 2020, are boosting domestic manufacturing and exports. With over US$26 billion invested across 14 sectors, the program has driven significant job creation and investment, exceeding targets in some areas like white goods. The initiative is strengthening the MSME ecosystem and significantly increasing domestic value addition.
India’s Product-Linked Incentive (PLI) schemes, launched in 2020, are boosting domestic manufacturing and exports. With over US$26 billion invested across 14 sectors, the program has driven significant job creation and investment, exceeding targets in some areas like white goods. The initiative is strengthening the MSME ecosystem and significantly increasing domestic value addition.