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PLI Schemes Attract Rs 2.4 Lakh Crore Investment, Create 14.15 Lakh Jobs: Govt

PLI schemes attract Rs 2.4 lakh crore investment in India

India’s Production Linked Incentive (PLI) schemes have attracted over Rs 2.40 lakh crore in investments, generated more than 14.15 lakh direct and indirect jobs, and enabled exports worth Rs 15.2 lakh crore across 14 sectors as of March 31, 2026, the government informed Parliament.

Key Highlights

  • PLI schemes have attracted over Rs 2.40 lakh crore in actual investments across 14 sectors.
  • More than 14.15 lakh direct and indirect jobs have been created under the programme.
  • Exports under the PLI schemes reached Rs 15.2 lakh crore in FY26.
  • High-efficiency solar PV modules received the highest cumulative investment of Rs 64,873 crore.

New Delhi, July 22: The Production Linked Incentive (PLI) schemes have attracted actual investments exceeding Rs 2.40 lakh crore, created more than 14.15 lakh direct and indirect employment opportunities, and facilitated exports worth Rs 15.2 lakh crore across 14 key manufacturing sectors as of March 31, 2026, the government informed Lok Sabha on Tuesday.

In a written reply, Minister of State for Commerce and Industry Jitin Prasada said the PLI programme, launched with an approved financial outlay of Rs 1.91 lakh crore, has significantly strengthened domestic manufacturing, boosted exports and enhanced India’s participation in global value chains.

The Department for Promotion of Industry and Internal Trade (DPIIT) serves as the nodal agency for coordinating and monitoring the PLI schemes, while implementation is undertaken by the respective line ministries overseeing each sector.

The government highlighted the rapid growth in exports under the programme over the past three financial years. PLI-supported exports increased from Rs 4 lakh crore in FY24 to Rs 6.5 lakh crore in FY25, before surging to Rs 15.2 lakh crore in FY26, reflecting the growing global competitiveness of Indian manufacturing.

Among the 14 sectors covered under the scheme, high-efficiency solar photovoltaic (PV) modules attracted the highest cumulative investment of Rs 64,873 crore. This was followed by pharmaceuticals (Rs 45,158 crore), automobiles and auto components (Rs 44,326 crore), speciality steel (Rs 23,896 crore) and large-scale electronics manufacturing (Rs 20,580 crore).

The government also highlighted the success of the PLI scheme in the electronics manufacturing sector. According to the ministry, mobile phone production has increased nearly 2.4 times since the launch of the programme. It added that 99.2% of mobile phones sold in India are now manufactured domestically, while mobile phone imports have declined by around 77%, reflecting the country’s growing manufacturing capabilities.

The implementation and progress of the PLI schemes are reviewed periodically by the Empowered Group of Secretaries (EGoS), chaired by the Cabinet Secretary, along with the respective ministries to ensure effective execution and timely achievement of programme objectives.

The government’s PLI schemes continue to play a pivotal role in strengthening India’s manufacturing ecosystem, attracting large-scale investments, generating employment and boosting exports. With significant gains across sectors such as solar manufacturing, pharmaceuticals, automobiles and electronics, the initiative is supporting the country’s vision of becoming a global manufacturing hub.

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