The Union Cabinet on November 11, 2020 gave its approval to introduce the Production-Linked Incentive (PLI) Scheme in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.
- The PLI scheme will be implemented by the concerned ministries/departments and will be within the overall financial limits prescribed.
- The PLI scheme across these 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 10 key sectors for which the PLI scheme has been announced, are:
- Advance Chemistry Cell (ACC) Battery
- Electronic/Technology Products
- Automobiles & Auto Components
- Pharmaceuticals drugs
- Telecom & Networking Products
- Textile Products: MMF segment and technical textiles
- Food Products
- High Efficiency Solar PV Modules
- White Goods (ACs & LED)
- Speciality Steel.
The Government of India had earlier announced PLI scheme for three other sectors: Mobile Manufacturing and Specified Electronic Components, Drug Intermediaries and Active Pharmaceutical Ingredients and Manufacturing of Medical Devices.
