According to the government’s report to Lok Sabha on Tuesday, the Production Linked Incentive (PLI) schemes have generated investments exceeding 2.40 lakh crore, provided employment opportunities totalling more than 14.15 lakh, and enabled exports worth 15.2 lakh crore in 14 important manufacturing sectors as of March 31, 2026.
Launched with an approved financial outlay of Rs 1.91 lakh crore, the PLI program has considerably strengthened domestic manufacturing, boosted exports, and enhanced India’s participation in global value chains, according to Minister of State for Commerce and Industry Jitin Prasada, in a written reply.
Each sector’s line ministries are responsible for carrying out the PLI schemes’ implementation, with the Department for Promotion of Industry and Internal Trade (DPIIT) acting as the central agency for coordination and monitoring.
Over the last three fiscal years, the government has emphasised the program’s exports, which have grown rapidly. As a result of the PLI, exports went up from 4 lakh crore in FY24 to 6.5 lakh crore in FY25, and then skyrocketed to 15.2 lakh crore in FY26, demonstrating that Indian manufacturing is becoming more competitive on the world stage.
With a total investment of 64,873 crore rupees, high-efficiency solar photovoltaic (PV) modules were the most popular of the fourteen industries targeted by the program. The pharmaceutical industry came in at Rs 45,158 crore, followed by the automotive and auto component industries at Rs 44,326 crore, speciality steel at Rs 23,896 crore, and large-scale electronics manufacturing at Rs 20,580 crore.
The government also brought attention to the fact that the electronics manufacturing sector was one of the beneficiaries of the PLI scheme. The ministry reports that since the program’s launch, mobile phone output has increased roughly 2.4 times. It went on to say that, as a result of the country’s increasing manufacturing capacity, 99.2% of mobile phones sold in India are now made in the country, while imports of mobile phones have fallen by almost 77%.
The Cabinet Secretary chairs the Empowered Group of Secretaries (EGoS), which meets frequently to monitor the PLI schemes’ implementation and progress. The group also includes representatives from the relevant ministries to guarantee efficient execution and the timely completion of program goals.
When it comes to bolstering India’s manufacturing environment, attracting large-scale investments, creating jobs, and increasing exports, the government’s PLI initiatives remain crucial. The initiative is helping the country achieve its goal of becoming a global manufacturing hub, with notable successes in solar manufacturing, pharmaceuticals, automobiles, and electronics.
Image: ET
