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Economy GS 3 In the news 4 times

Production Linked Incentive (PLI) Schemes

PLI schemes incentivise domestic manufacturing by offering cash incentives — typically 4–6% on incremental sales — to eligible companies over 5–7 years. As of 2026, PLI schemes have been approved for 14 sectors with a combined outlay exceeding ₹1.97 lakh crore. They are a primary instrument of the Aatmanirbhar agenda.

Key details
  • 14 PLI sectors include: mobile phones, pharmaceuticals, medical devices, automobiles & auto components, advanced chemistry cells (ACC batteries), telecom, white goods, specialty steel, food processing, solar PV modules, textiles, and more.
  • Total approved outlay: over ₹1.97 lakh crore
  • Goal: Make India a global manufacturing hub and substitute imports in key sectors.
  • PLI for semiconductors: approved as part of India Semiconductor Mission (ISM) with a ₹76,000 crore outlay.
In the news

Tracked since February 24, 2026 · last seen August 31, 2026 · updates as the daily brief publishes

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