PLI Scheme India: Full List of Sectors and Benefits Explained
Title - PLI Scheme India: Full List of Sectors and Benefits Explained In recent years, the global supply chain landscape has witnessed massive restructuring, prompting nations to fortify their domestic manufacturing capabilities. At the forefront of this industrial renaissance in India is the Production-Linked Incentive (PLI) Scheme. But what is pli scheme in the context of the Indian economy? In essence, the Production-Linked Incentive scheme is an ambitious policy initiative introduced by the Government of India in 2020. With an initial cumulative outlay of ₹1.97 lakh crore (approximately USD 26 billion), the scheme provides companies with performance-linked financial incentives based on incremental sales from products manufactured in domestic units. https://www.phdcci.in/blog/pli-scheme-india-full-list-of-sectors-and-benefits-explained/