Sunday, 23 March, 2025

Indian Govt Disburses ₹14,020 Crore Under PLI Schemes to Boost Manufacturing

The Indian government has disbursed ₹14,020 crore across ten Production-Linked Incentive (PLI) schemes to drive domestic manufacturing and reduce import dependence. Key sectors benefiting include electronics, pharmaceuticals, and telecom. The scheme aims to strengthen India's position as a global manufacturing hub, attracting investments and boosting job creation. More disbursements are expected as firms meet performance-linked milestones under the initiative.