As of March 31, 2026, the government reported to the Lok Sabha that the Production Linked Incentive (PLI) schemes had attracted actual investments exceeding Rs 2.40 lakh crore, created more than 14.15 lakh direct and indirect employment opportunities, and facilitated exports worth Rs 15.2 lakh crore across 14 key manufacturing sectors.
The PLI program, which was started with an authorised financial outlay of Rs 1.91 lakh crore, has greatly strengthened domestic manufacturing, increased exports, and improved India’s participation in global value chains, according to a written response from Minister of State for Commerce and Industry Jitin Prasada.
The corresponding line ministries in charge of each sector carry out the PLI schemes’ implementation, with the Department for Promotion of Industry and Internal Trade (DPIIT) acting as the nodal agency for coordination and oversight.
The government emphasised how exports under the program had increased dramatically during the last three fiscal years. The rising worldwide competitiveness of Indian manufacturing is reflected in PLI-supported exports, which rose from Rs 4 lakh crore in FY24 to Rs 6.5 lakh crore in FY25 and then to Rs 15.2 lakh crore in FY26.
High-efficiency solar photovoltaic (PV) modules drew the largest cumulative investment of Rs 64,873 crore among the 14 sectors covered by the scheme. Pharmaceuticals (Rs 45,158 crore), cars and auto parts (Rs 44,326 crore), speciality steel (Rs 23,896 crore) and large-scale electronics production (Rs 20,580 crore) came next.
The PLI program’s performance in the electronics manufacturing industry was also emphasised by the government. The government claims that since the program’s inception, the output of mobile phones has increased by almost 2.4 times. It further stated that, as a result of India’s increasing manufacturing capacity, 99.2% of mobile phones sold there are now produced domestically, while imports have decreased by about 77%.
To guarantee efficient execution and timely accomplishment of program objectives, the Empowered Group of Secretaries (EGoS), chaired by the Cabinet Secretary, and the relevant ministries periodically assess the implementation and progress of the PLI schemes.
The government’s PLI programs are still essential to bolstering India’s manufacturing sector, drawing significant investments, creating jobs, and increasing exports. With notable advancements in industries like electronics, pharmaceuticals, cars, and solar manufacturing, the program is helping the nation realise its goal of becoming a global center for manufacturing.
Image: ET
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