The government has released Rs 2,746 crore to the beneficiaries under the Production Linked Incentive (PLI) scheme so far in the current financial year, taking the overall payout since its inception of the scheme to Rs 21,534 crore.
This represents a marginal rise in the pace of PLI funds release. In FY25, the disbursement was Rs 9,067 crore.
Till the end of the last financial year the disbursements under the Rs 1.97 lakh crore scheme stood at Rs 18,788 crore. In the first two years of the scheme only Rs 9721 crore was disbursed – Rs 2968 crore in 2022-23 and Rs 6753 crore in 2023-24.
In the review meeting of the scheme, commerce and industry minister Piyush Goyal stressed on preparing a road map for the next five years both on investment and disbursement.
According to a statement by the ministry of commerce and industry, the minister said at the meeting that the focus should be on making India self-reliant in the key sectors covered under the PLI Scheme. He also emphasised the ministries that are implementing the schemes for 14 sectors should focus on creating quality skilled manpower instead of focusing on the quantity and resolve infrastructure bottlenecks in collaboration with National Industrial Corridor Development Corporation (NICDC).
Though the scheme covers 14 sectors, incentives have been disbursed only for 12 sectors.
Large-Scale Electronics Manufacturing (LSEM), IT Hardware, Bulk Drugs, Medical Devices, Pharmaceuticals, Telecom and Networking Products, Food Processing, White Goods, Automobiles and Auto components, Specialty Steel, Textiles and Drones and Drone Components.
High Efficiency Solar Modules and Advanced Cell Chemistry are the two sectors where no incentive has been disbursed till date. Overall, PLI schemes have witnessed investments worth Rs. 1.76 lakh crore, which has generated production or sales of over Rs. 16.5 lakh crore and generated direct and indirect employment of over 12 lakhs till March 2025.
While mobile phone and electronics has been the most visible success story of the scheme, it has made significant impact in other key sectors like drugs and pharmaceuticals, food products and textiles.
The PLI Scheme for Bulk Drugs that aims to boost domestic manufacturing of critical Key Starting Materials (KSMs), Drug Intermediates (DIs), and Active Pharmaceutical Ingredients (APIs) has resulted in India becoming a net exporter of bulk drugs (2280 crore) from net importer (1930 crore) in FY 2021-22. It has also resulted in significant reduction in the gap between the domestic manufacturing capacity and demand of critical drugs.
PLI scheme for food products has reported investments worth Rs. 9,032 crore which has resulted in production/sales of Rs. 3,80,350 crores and overall employment of 3,40,116. With the launch of PLI Millet Scheme, the Sales of Millet Based Products increased 25 times in FY 25 over the Base Year (FY 21). The procurement of millets by the PLI beneficiaries has increased from 4081 MT in 2022-23 to 16130 MT in 2024-25
Exports of Indian Man-made Fibre (MMF) Textiles have reached $ 6 billion during 2024-25 as against exports of $ 5.7 billion during 2023-24. The overall exports of Technical Textiles from India reached $ 3,35 billion during FY 2024-25 as against exports of 2.98 billion during 2023-24.