PLI Schemes attract ₹1.76 trillion, create 12 lakh jobs: Govt

PLI Schemes attract ₹1.76 trillion, create 12 lakh jobs: Govt

Significant gains seen across pharmaceuticals, bulk drugs, food processing, and textiles, the Ministry of Commerce & Industry said.

Govt Disburses Over INR 21.5 Cr Under PLI Schemes Govt Disburses Over INR 21.5 Cr Under PLI Schemes

The government has disbursed INR 21,534 Cr under Production Linked Incentive (PLI) scheme across 12 sectors, including large-scale electronics manufacturing (LSEM), IT hardware, bulk drugs, medical devices and pharmaceuticals, till March. Since its rollout, the PLI scheme has attracted investments worth INR 1.76 Lakh Cr, resulting in cumulative production or sales of over INR 16.5 Lakh Cr, the commerce and industry ministry said in a statement. …