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PLI Schemes Power Rs 2.16 Lakh Cr Investment, Create 14 Lakh+ Jobs

India's Production Linked Incentive (PLI) schemes have successfully attracted investments exceeding Rs 2.16 lakh crore and generated over 14.39 lakh jobs. The initiatives have significantly boosted domestic production and sales to over Rs 20.41 lakh crore while reducing import reliance in strategic sectors. The government's 'Make in India 2.0' framework focuses on 27 sectors, with PLI schemes specifically targeting 14 key manufacturing areas. Complementary programs like the National Industrial Corridor and PM Internship Scheme further support infrastructure development and skill enhancement.

Key Points: PLI Schemes Attract Rs 2.16 Lakh Cr, Generate 14 Lakh Jobs

  • Rs 2.16 lakh crore investment attracted
  • Over 14.39 lakh jobs created
  • Rs 20.41 lakh crore in incremental production
  • 14 key sectors covered
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India's PLI schemes attract over Rs 2.16 lakh crore investment, generate 14.39 lakh jobs

India's PLI schemes have driven over Rs 2.16 lakh crore in investment and created 14.39 lakh jobs, boosting manufacturing and exports across 14 sectors.

"Schemes have strengthened domestic manufacturing capacity, enhanced exports and reduced import dependence - Jitin Prasada"

New Delhi, March 27

India's Production Linked Incentive schemes have generated investments exceeding Rs. 2.16 lakh crore, driven incremental production and sales of over Rs. 20.41 lakh crore and created over 14.39 lakh direct and indirect jobs across 14 sectors, the government said on Friday.

As many as 836 applications have been approved under the PLI framework and the schemes have strengthened domestic manufacturing capacity, enhanced exports and reduced import dependence in strategic sectors, MoS, Ministry of Commerce & Industry, Jitin Prasada said in Rajya Sabha.

Investments rose from Rs. 0.51 lakh crore till FY 2022‑23 to Rs. 2.16 lakh crore up to FY26, while production under the PLI schemes increased from Rs. 4.50 lakh crore to Rs. 20.41 lakh crore over the same period. Meanwhile, the employment generation under the schemes rose from 3 lakh to 14.39 lakh, the statement from Ministry of Commerce & Industry said.

'Make in India' initiative was launched in September 2014 to facilitate Investment, foster Innovation, build best in class Infrastructure, and make India a hub for manufacturing, design, and innovation. Make in India 2.0 focuses on 27 sectors including 15 manufacturing sectors.

As part of the initiative, the Production Linked Incentive (PLI) schemes have been implemented across 14 key sectors, namely, large-scale electronics manufacturing, IT hardware, pharmaceuticals, bulk drugs, medical devices, automobiles and auto components, advanced chemistry cell batteries, telecom & networking products, food processing, textiles, specialty steel, white goods, etc

Under the National Industrial Corridor Development Programme (NICDP), various greenfield industrial areas are being developed across India to create globally competitive manufacturing and investment destinations. Till date about 20 projects under NICDP have been approved, the statement noted.

Employment Linked Incentive (ELI) Scheme was approved to support employment generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector. The scheme has an outlay of Rs 99,446 Crore, to incentivise the creation of over 3.5 crore jobs in the country, over a period of two years.

The ministry also mentioned the PM Internship Scheme to enhance industry-relevant skills, improve job readiness, and foster professional exposure through structured internships in India's top-performing companies and institutions.

In the pilot project, over 4.5 lakh candidates have applied across 2 rounds and the partner companies made over 1.60 lakh internship offers to over 1.3 lakh candidates.

- IANS

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Reader Comments

P
Priya S
Great to see the numbers, but I hope these jobs are sustainable and offer good wages. Sometimes these schemes create temporary positions. The focus should be on quality of employment, not just quantity. Still, a step in the right direction for self-reliance.
R
Rohit P
From 3 lakh to 14.39 lakh jobs in a few years is impressive growth! The PM Internship Scheme mentioned is also crucial. Skill development is key. We need our youth to be ready for these new manufacturing jobs. Jai Hind!
S
Sarah B
As someone working in the tech hardware space, I've seen the PLI impact firsthand. There's a real push for local sourcing. The investment figures crossing ₹2 lakh crore show serious intent. Hope the specialty steel and medical device sectors get a similar boost.
V
Vikram M
Reducing import dependence is the most important part. We cannot be a $5 trillion economy if we keep importing everything. PLI for bulk drugs and electronics is strategic. Need to ensure these new industrial corridors have good connectivity and power supply.
K
Kavya N
The numbers look good on paper. My respectful criticism is about transparency. How many of these 836 approved applications have actually started full production? And are the jobs spread evenly across states, or concentrated in a few? More granular data would build more trust.
M

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