The Production Linked Incentive (PLI) scheme stands as a pillar of India’s industrial resurgence. By the end of December 2025, it has channeled ₹2.16 lakh crore into 14 vital sectors, spawning over 14.39 lakh jobs. This milestone was announced by the Ministry of Commerce and Industry on Friday.
Receiving 836 applications, the program has ignited investments and activity. PLI plants have achieved sales of more than ₹20.41 lakh crore, exporting ₹8.3 lakh crore and contributing significantly to foreign exchange earnings. Incentives worth ₹28,748 crore have been paid out, incentivizing high performers.
A standout story is electronics, where PLI has fortified supply chains for mobiles, laptops, tablets, and more. Mobile imports have fallen sharply by 77% since 2020-21, with local manufacturing fulfilling 99%+ of demand. Pharmaceuticals gained momentum with first-time production of 191 bulk drugs, import substitution of ₹1,785 crore, and value addition hitting 83.7%.
Telecom products’ sales rocketed sixfold from FY 2019-20, exports climbing to ₹21,033 crore. BSNL’s indigenous 4G implementation is a proud addition to India’s tech achievements. New PLI initiatives target automobiles, food processing, textiles, and efficient solar PV modules.
Conceived in 2020, PLI is a strategic reform to build manufacturing muscle, lessen import reliance, sharpen global edges, and foster jobs. Its performance-linked incentives accelerate output growth, tech infusion, and supply chain consolidation, heralding a new era of self-sufficiency.