₹1.61 lakh crore investment attracted.
₹14 lakh crore worth of sales generated.
₹14,020 crore in incentives disbursed across 10 sectors.
Key Sectors Benefiting from PLI:
Large-scale electronics manufacturing (LSEM).
IT hardware, bulk drugs, medical devices.
Pharmaceuticals, telecom, networking products.
Government Response to Reuters Report:
Reuters claimed PLI won’t be extended beyond 14 sectors due to delays in production and subsidy disbursement.
Govt refuted this, stating that PLI schemes have transformed exports towards high-value-added products like electronics, telecom goods, and processed food.
Exports surpass ₹5.31 lakh crore ($61.76 billion).
Projects have 2-3 years implementation timeline, and most firms will file claims later.
COMMENTS