India Invests ₹21,535 Crore in PLI Schemes to Boost Competitive Industries

The Indian government has infused ₹21,535 crore into various Production Linked Incentive (PLI) schemes, aiming to strengthen industries where India holds a competitive advantage. This significant investment underscores the government’s commitment to fostering domestic manufacturing and driving economic growth.

Focus on Sectors with Competitive Edge

The Commerce Minister emphasized the importance of prioritizing sectors where India can truly excel globally. This strategic approach aims to maximize the impact of the PLI schemes and create a more robust and competitive industrial landscape.

PLI Scheme: A Catalyst for Growth

The PLI scheme aims to incentivize domestic production and attract global investment, ultimately contributing to job creation and economic prosperity.