The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday gave its approval to introduce Production-Linked Incentive (PLI) Scheme in 10 key sectors to enhance India’s manufacturing capabilities and exports.
The 10 sectors and the approved financial outlay are as given below:
| Priority | Sectors | Implementing Ministry/Department | Approved financial outlay over a five-year period Rs.crore |
| 1. | Advance ChemistryCell (ACC) Battery | NITI Aayog and Department of Heavy Industries | 18100 |
| 2. | Electronic/Technology Products | Ministry of Electronics and Information Technology | 5000 |
| 3. | Automobiles & Auto Components | Department of Heavy Industries | 57042 |
| 4. | Pharmaceuticals drugs | Department of Pharmaceuticals | 15000 |
| 5. | Telecom & Networking Products | Department of Telecom | 12195 |
| 6. | Textile Products: MMF segment and technical textiles | Ministry of Textiles | 10683 |
| 7. | Food Products | Ministry of Food Processing Industries | 10900 |
| 8. | High Efficiency Solar PV Modules | Ministry of New and Renewable Energy | 4500 |
| 9. | White Goods (ACs & LED) | Department for Promotion of Industry and Internal Trade | 6238 |
| 10. | Speciality Steel | Ministry of Steel | 6322 |
| Total | 145980 | ||
The PLI scheme across the 10 key specific sectors will make Indian manufacturers globally competitive, attract investment in the areas of core competency and cutting-edge technology, ensure efficiencies, create economies of scale, enhance exports and make India an integral part of the global supply chain. The total outlay has been pegged at ₹1,45,980 crore.
The above sectors will be in addition to the already notified PLI schemes in the following sectors: Mobile Manufacturing and Specified Electronic Components, Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients, Manufacturing of Medical Devices.
Finance Minister Nirmala Sitharaman while making the announcement said that the scheme would entail an expenditure of ₹2 lakh crore.
“The Prime Minister’s clarion call for an ‘AatmaNirbhar Bharat’ envisages policies for the promotion of an efficient, equitable and resilient manufacturing sector in the country.Growth in production and exports of industrial goods will greatly expose the Indian industry to foreign competition and ideas, which will help in improving its capabilities to innovate further. Promotion of the manufacturing sector and creation of a conducive manufacturing ecosystem will not only enable integration with global supply chains but also establish backward linkages with the MSME sector in the country. It will lead to overall growth in the economy and create huge employment opportunities.”, the official press release by Press Information Bureau read.
