PLI Scheme Boosts India's Manufacturing and Exports
The Production Linked Incentive (PLI) scheme has significantly enhanced India's manufacturing capabilities, attracting massive investments and bolstering exports. With Rs. 2 lakh crore investments realized across 14 sectors by September 2025, the program generated increased production of Rs. 18.7 lakh crore and created over 12.6 lakh jobs. Mobile phone production surged from ₹18,000 crore in 2014–15 to ₹5.45 lakh crore in 2024–25, with significant strides in self-reliant telecom equipment manufacturing. Additionally, India’s export sectors, particularly electronics, agriculture, and pharmaceuticals, showed robust performance amid global challenges. Various government measures support MSME exporters, including digital infrastructure initiatives and enhanced trade agreements, aiming to sustain growth and employment.
Source: Original Link