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PLI schemes attract Rs 2.4 lakh crore investment

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PLI schemes attract Rs 2.4 lakh crore investment

5 sourcesUpdated Jul 21, 20261 min read

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PLI schemes attract Rs 2.4 lakh crore investment — © IJR

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India’s Production Linked Incentive (PLI) schemes across 14 sectors have drawn actual investments of over Rs 2.40 lakh crore, created more than 14.15 lakh jobs, and generated exports around Rs 15.2 lakh crore as of March 31, 2026, according to replies to Parliament. The investments are led by high-efficiency solar PV modules, with the pharma and automobile sectors following, and the schemes have notably boosted domestic mobile phone manufacturing to about 99.2% of phones sold. The program aims to strengthen domestic manufacturing, reduce import dependence, and integrate India further into global value chains, with ongoing regular reviews by the Empowered Group of Secretaries to improve implementation. Separately, the government highlighted Startup India Seed Fund Scheme activity, noting 219 incubators selected with Rs 945 crore approved and Rs 650 crore disbursed. The broader narrative underscores India’s Make in India push, exports growth, and the expanding footprint of PLI schemes across electronics, healthcare, AI-ready infrastructure, and other key industries. There are also indications of related foreign investment dynamics and policy clarifications on FDI in retail, reflecting a broader effort to sustain manufacturing momentum.

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