Production-Linked Incentive (PLI) Scheme
The PLI scheme, launched in 2020-21, provides financial incentives to manufacturers in 14 key sectors (including electronics, pharmaceuticals, automobiles, textiles, food processing) based on incremental production over a base year. It is designed to attract both domestic and foreign manufacturers, enhance scale, and improve export competitiveness, addressing the cost disadvantage that Indian manufacturers face relative to regional peers.
- PLI outlay across 14 sectors: approximately ₹1.97 lakh crore.
- Electronics is among the best-performing PLI sectors, with Apple's supply chain partners (Foxconn, Tata Electronics) expanding India production.
- Textiles PLI (Man-made fibres and technical textiles) aims to create 7.5 lakh jobs.
- Critics note that PLI primarily benefits capital-intensive production and may not generate as many jobs per rupee invested as hoped.
● Tracked since February 15, 2026 · last seen May 24, 2026 · updates as the daily brief publishes
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