PLI Schemes Cross 800 Approvals : Govt data reveals PLI-driven 775% mobile export growth, pharma self-sufficiency and 12L jobs created. ₹21,534Cr incentives disbursed.
PLI Schemes Cross 800 Approvals : Government Reports Transformational Impact of Production-Linked Incentives Across 14 Sectors
New Delhi, July 22: India’s flagship Production Linked Incentive (PLI) schemes have achieved critical mass, with 806 applications approved across 14 key sectors as of June 2024, according to official data presented in Parliament. The program, launched in 2021 with ₹1.97 lakh crore outlay, has already triggered ₹1.76 lakh crore in actual investments and generated 12 lakh jobs, signaling a structural shift in India’s manufacturing landscape.
PLI Scheme Performance Snapshot (as of March 2025)
| Metric | Achievement |
|---|---|
| Approved Applications | 806 |
| Committed Investment | ₹1.76 lakh crore |
| Incremental Production/Sales | ₹16.5 lakh crore |
| Employment Generated | 12 lakh (direct + indirect) |
| Incentives Disbursed | ₹21,534 crore |
Sectoral Breakthroughs
1. Pharmaceuticals: From Importer to Exporter
💊 Bulk Drugs Turnaround:
- Net Exporter Status Achieved (₹2,280 crore) vs net importer (₹1,930 crore) in FY22
- Cumulative Sales: ₹2.66 lakh crore (includes ₹1.70 lakh crore exports)
2. Electronics Manufacturing Revolution
📱 Mobile Sector Growth:
- Production Surge: 146% increase (₹2.13 lakh crore to ₹5.25 lakh crore)
- Export Boom: 775% jump (₹22,870 crore to ₹2 lakh crore)
3. Disbursement Highlights
💰 Top Beneficiary Sectors:
- Large Scale Electronics (35% share)
- IT Hardware (22%)
- Pharma & Medical Devices (18%)
Employment & Value Chain Impact
Job Creation Matrix
👨🔧 Direct Employment: 4.8 lakh (40%)
👷 Indirect Employment: 7.2 lakh (60%)
🏭 Max Job Generators:
- Textiles (2.1 lakh)
- Auto (1.8 lakh)
- Electronics (1.5 lakh)
Supply Chain Development
✔ Vendor Ecosystems: 2,300+ MSMEs onboarded
✔ Import Substitution: 65% reduction in mobile component imports
✔ Tech Transfer: 48 patented technologies localized
Geographical Distribution
Top 5 States by PLI Investments:
- Maharashtra (22% share) – Pharma, electronics
- Tamil Nadu (18%) – Mobile, auto components
- Gujarat (15%) – Solar, bulk drugs
- Karnataka (12%) – IT hardware, medical devices
- Uttar Pradesh (9%) – Textiles, drones
Upcoming Sectoral Expansions
🚀 New Additions Under Consideration:
- Chemicals (Specialty & Agro)
- Shipbuilding
- Space Tech Components
Challenges & Course Corrections
⚠ Sectoral Disparities:
- White goods (ACs) lagging at 42% target
- Solar PV modules facing raw material bottlenecks
✅ Remedial Measures: - Faster environmental clearances
- Input tax credit rationalization
Global Context & Competitive Edge
🌍 China+1 Dividend:
- Apple: 25% iPhone production now in India
- Samsung: 50M+ devices exported from Noida plant
📊 Export Growth:- Electronics: $23B (2024) vs $8B (2021)
- Pharma: $27B (2024) vs $19B (2021)
Ministerial Statement
Jitin Prasada, MoS Commerce & Industry:
*”The PLI effect is now visible across shopfloors and export manifests. With semiconductor and advanced chemistry cell schemes ramping up, we’re entering Phase-2 of manufacturing transformation.”*
Future Roadmap
🔧 PLI 2.0 Preparations:
- Focus on precision manufacturing
- Green manufacturing incentives
- Tier-2/3 city targeting
