India’s manufacturing sector is witnessing a quiet yet powerful revolution, driven by the ambitious Production Linked Incentive (PLI) Scheme. With an outlay of ₹1.97 lakh crore, the scheme has become a cornerstone of India’s goal to elevate manufacturing’s share to 25% of GDP, positioning the country as a global industrial powerhouse. As of March 2025, the PLI initiative has approved 806 applications across 14 strategic sectors, attracting investments worth ₹1.76 lakh crore and generating over 12 lakh direct and indirect jobs.
