PLI Schemes Attract Over ₹2.40 Lakh Crore Investment, Generate More Than 14.15 Lakh Jobs

📌 Summary:

• Production Linked Incentive (PLI) Schemes cover 14 key sectors with an approved outlay of ₹1.91 lakh crore; DPIIT is the nodal coordinating department
• As on 31.03.2026: actual investment over ₹2.40 lakh crore and employment of over 14.15 lakh (direct + indirect)
• PLI has enabled cumulative exports of over ₹15.2 lakh crore (up from ₹4 lakh crore as on 31.03.2024)
• Electronics: mobile production up ~2.4x; mobile imports down ~77%; ~99.2% of phones used in India now made domestically
• Pharma: cumulative sales over ₹3.64 lakh crore; 1,931 products incl. 191 bulk drugs made in India for the first time; 55,000 MT API capacity across 26 critical APIs (Paracetamol, Levofloxacin, Norfloxacin)
• Medical devices: 55 unique devices commissioned (CT scanners, MRI, Cath Labs); Telecom: indigenous 4G and 5G equipment; White goods: compressor capacity up from 1 million (2021) to 10 million units (2025-26)

🎯 UPSC Relevance: GS3 economy — industrial policy, manufacturing, Aatmanirbhar Bharat, reducing import dependence, employment generation

📝 Prelims Facts:

• PLI covers 14 sectors; outlay ₹1.91 lakh crore; nodal department DPIIT
• Investment ₹2.40 lakh crore; jobs 14.15 lakh; exports ₹15.2 lakh crore (as on 31.03.2026)
• ~99.2% of mobile phones used in India are domestically manufactured

🔑 Key Term: Production Linked Incentive (PLI) — scheme giving incentives on incremental sales/production to boost domestic manufacturing and exports