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 […]
Apple’s iPhone exports from India surpassed $50 billion under the smartphone production-linked incentive (PLI) scheme by December 2025, with $16 billion in exports during the first nine months of FY26. Apple’s figure is significantly higher than Samsung’s $17 billion during its PLI eligibility from FY21 to FY25. The company operates five assembly plants in India, […]
India’s Production-Linked Incentive (PLI) scheme for solar modules has created approximately 43,000 jobs across nine states by October 2025. This includes about 11,220 direct jobs from solar manufacturing units, with Gujarat leading at over 22,400 jobs, followed by Tamil Nadu (6,800 jobs) and Andhra Pradesh (1,620 jobs). The scheme, supported by a financial outlay of […]
India’s solar capacity is projected to reach approximately 216 GW by FY28, generating 305 billion units, driven by the Production Linked Incentive (PLI) scheme and significant efficiency gains. As of September 2025, the installed solar base surged to 127.3 GW, contributing about 25.7% of the total capacity. Exports of solar photovoltaic products have increased over […]
The government has reopened the application window for the Production-Linked Incentive #PLIScheme for #WhiteGoods (Air Conditioners and LED lights) from September 15 to October 14, 2025. This decision is based on industry demand for further investment and increased confidence in domestic component manufacturing. So far, 83 applicants have been selected, committing ₹10,406 crore under the […]
