Industry Sector Allocation
The Production Linked Incentive (PLI) scheme covers 14 key sectors with a total financial allocation of ₹197,000 crore. These funds are strategically distributed across industries with strong growth potential and opportunities to reduce import dependency.
Sectors and Their Allocations
1. Automobiles and Auto Components: ₹57,042 crore
2. Pharmaceuticals: ₹15,000 crore
3. Telecom & Networking Products: ₹12,195 crore
4. Textiles: ₹10,683 crore
5. Food Processing: ₹10,900 crore
6. Specialty Steel: ₹6,322 crore
7. White Goods (ACs & LEDs): ₹6,238 crore
8. Electronic/Technology Products: ₹5,000 crore
9. Advanced Chemistry Cell (ACC) Batteries: ₹18,100 crore
10. Solar PV Modules: ₹4,500 crore
11. Medical Devices: ₹3,420 crore
12. Large Scale Electronics Manufacturing: ₹40,951 crore
13. Drones and Drone Components: ₹120 crore
14. IT Hardware: ₹7,350 crore
Private Sector Participation
The PLI initiative has attracted significant interest from the private sector. Numerous companies have submitted investment proposals to take advantage of the scheme.
In the automotive sector, 115 companies applied, out of which 85 received approval, resulting in an investment of ₹67,690 crore — surpassing initial expectations.
In the white goods sector, 84 companies are planning to invest ₹10,500 crore, generating a production value estimated at ₹17 trillion.
The Specialty Steel initiative aims to boost manufacturing of high-grade steel through targeted investments and technological upgrades.
Total Projects Started
As of December 2024, the PLI scheme has contributed to the establishment of more than 1,300 manufacturing facilities across 14 sectors and 27 states/union territories — showcasing its strong on-ground impact.
Impact and Achievements
Investment Mobilization: Total investments have reached ₹146 billion across participating sectors.
Export Growth: Indian products have become more competitive globally, achieving export growth of ₹400 billion.
Employment Generation: Over 950,000 jobs have been created, boosting economic activity and contributing to social development.
The Production Linked Incentive (PLI) scheme has played a critical role in revitalizing India’s manufacturing ecosystem. Continued momentum and addressing structural challenges will determine its long-term success in aligning with India’s growth ambitions.
Confianca is a strategic business consulting firm helping companies create sustainable growth and value.