The Production Linked Incentive (PLI) Scheme is a government initiative in India. Aims to boost domestic manufacturing across various sectors.
Target sectors: Electronics, Pharmaceuticals, Automobiles, Textiles, Food processing, Chemicals, Solar PV modules, ACC Battery Storage, White Goods Incentive structure: Percentage of incremental sales over 5 years Selection process: Transparent bidding process
Different ministries oversee the scheme for each targeted sector Responsible for defining guidelines, managing applications, and disbursing incentives
1. Increased domestic production 2. Job creation 3. Import substitution 4. Technological advancement
1. Meeting eligibility criteria 2. Competition in the selection process 3. Long-term sustainability