The Central Government has disbursed ₹21,534 crore in incentives under its Production-Linked Incentive (PLI) schemes, attracting a substantial ₹1.76 lakh crore in investments and generating ₹16.5 lakh crore worth of production or sales, according to a release following a high-level review meeting chaired by Commerce Minister Piyush Goyal.

The PLI scheme covers 12 strategic sectors aimed at strengthening India’s manufacturing base, boosting exports, and reducing import dependency.

Incentive Disbursement Across Sectors

According to the official data:

“Cumulative incentive amount of ₹21,534 crore has been disbursed under PLI Schemes for sectors such as large-scale electronics manufacturing (LSEM), IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom & networking products, food processing, white goods, automobiles & auto components, specialty steel, textiles, and drones,” the release said.

Minister Piyush Goyal emphasized the importance of prioritising sectors where India holds a competitive edge to ensure long-term growth and export capacity.

Pharmaceutical Sector Leads with Strong Export Gains

Among the 12 sectors, pharmaceuticals and bulk drugs have shown outstanding performance, contributing heavily to exports and reducing import dependency:

• Total sales in the pharma sector: ₹2.66 lakh crore

• Exports from pharma under PLI: ₹1.70 lakh crore (in first three years)

• Exports in 2024–25 alone: ₹0.67 lakh crore

• Share of PLI-linked exports in total pharma exports (FY25): ~27%

• R&D investment share in pharma sector: 40% of total ₹37,306 crore investment

• Domestic Value Addition: 83.70% as of March 2025

“The PLI scheme has contributed to India becoming a net exporter of bulk drugs, reversing its status from a net importer in FY 2021–22,” the release stated. India recorded bulk drug exports worth ₹2,280 crore, compared to imports of ₹1,930 crore in the earlier fiscal.

Other Notable Sectors and Achievements

The textile, food processing, and IT hardware sectors have also benefited significantly from the PLI initiative:

• Textile sector: Expanded capacity in man-made fibres and technical textiles.

• Food processing: Improved value chains and export competitiveness.

• IT hardware: Helped build domestic assembly and innovation capacity in laptops, tablets, and servers.

The white goods and electronics sectors have contributed to rising local manufacturing and reduced import reliance on critical components.

Conclusion: PLI Driving Self-Reliance and Export Growth

The latest figures indicate that the PLI scheme is progressing as a catalyst for Atmanirbhar Bharat, encouraging firms to invest in advanced technologies, R&D, and export-oriented production.

With sustained support and sector-specific policy fine-tuning, the PLI initiative is expected to further boost India’s global competitiveness, positioning the country as a key player in critical and emerging technologies.

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