Production Linked Incentive (PLI)
Performance-linked incentive scheme to boost domestic manufacturing and export. Covers 14 key sectors.
01
Objective
To make India a global manufacturing hub (Atmanirbhar Bharat). Reduce import dependence. Create employment.
02
Mechanism
Incentives calculated on incremental sales (over base year) of goods manufactured in India. Range 4% to 6%.
03
Key Sectors
Electronics, Automobiles, Pharma, Textiles, Food Processing, Solar PV, ACC Battery, Drones.
04
Financial Outlay
Rs 1.97 Lakh Crore committed over 5 years. Administered by respective ministries.
05
Impact
Surge in mobile manufacturing (Apple/Samsung). Boost to generic drugs. Kickstarting EV ecosystem.