India’s ambitious Production Linked Incentive (PLI) program is paying dividends. Investments totaling ₹2.16 lakh crore have poured into 14 sectors by December 31, 2025, creating more than 14.39 lakh jobs. The Commerce and Industry Ministry shared this update on Friday, underscoring the scheme’s role in economic revival.
With 836 applications processed, the scheme has sparked unprecedented industrial growth. Sales from PLI-backed plants have surpassed ₹20.41 lakh crore, including ₹8.3 lakh crore in exports that highlight export prowess. The government has released ₹28,748 crore in incentives, fueling further expansion.
Electronics has emerged as a star performer. The sector’s strengthening has positioned India as a global leader in mobiles and IT hardware like laptops and servers. Imports of mobile phones dropped 77% from FY 2020-21 levels, while domestic output now satisfies over 99% of local needs.
In pharmaceuticals, 191 bulk drugs are now produced locally for the first time, offsetting ₹1,785 crore in imports and elevating domestic value addition to 83.7%. Telecom sales have multiplied six times over FY 2019-20 baselines, with exports at ₹21,033 crore. BSNL’s homegrown 4G stack marks a technological milestone, joining a select global club.
Expanding horizons, PLI now covers autos, food processing, textiles, and solar modules. Initiated in 2020 to fortify manufacturing, cut imports, boost competition, and generate employment, the scheme uses targeted incentives to drive production, innovation, and supply chain resilience. India’s Atmanirbhar vision is taking solid shape.