Strong Investment and Production Growth
According to data released by the Press Information Bureau (PIB) on February 20, 2026, cumulative investment under the PLI Scheme has crossed ₹2.16 lakh crore as of December 31, 2025. Total production and sales have exceeded ₹20.41 lakh crore, reflecting sustained industry participation.
Exports under the scheme have reached over ₹8.3 lakh crore, highlighting India’s expanding footprint in global value chains. More than 14.39 lakh direct and indirect jobs have been generated, while ₹28,748 crore has been disbursed as incentives so far.
Electronics and IT Hardware Lead the Way
The electronics manufacturing sector has been one of the biggest beneficiaries. India has transformed into a major hub for mobile phone production, with over 99 per cent of domestic demand now met through local manufacturing. Mobile phone imports have fallen sharply since FY 2020–21.
The focus has shifted beyond simple assembly to include production of printed circuit board assemblies, batteries, camera modules and display components. IT hardware manufacturing, including laptops and servers, has also witnessed deeper localisation.
Boost to Pharmaceuticals and Medical Devices
The PLI Scheme has enabled the domestic manufacturing of 191 bulk drugs, significantly reducing import dependence. Import substitution worth nearly ₹1,785 crore has been achieved, with domestic value addition rising above 83 per cent.
India has also strengthened its position in biosimilars and complex medical devices. Indigenous production of imaging systems, implants and diagnostic equipment is helping improve supply chain resilience.
Momentum in Automobiles and Telecom
In the automobile sector, especially electric mobility and advanced automotive technologies, reported sales of ₹32,879 crore in FY 2025–26 indicate steady growth. Investments in power electronics and safety systems are building a robust supplier ecosystem.
Telecom manufacturing has recorded more than six-fold growth in sales compared to the base year FY 2019–20. Exports in this segment have touched ₹21,033 crore. Notably, BSNL has deployed an indigenous 4G technology stack, placing India among a select group of nations with end-to-end telecom capability.
Food Processing, Textiles and Renewable Energy
The food processing segment has attracted investments exceeding ₹9,200 crore. Adoption of advanced processing and packaging technologies has enhanced product quality and export competitiveness.
Under textiles, the scheme promotes high-value man-made fibre and technical textiles, complemented by PM MITRA Parks to support large-scale manufacturing.
In renewable energy, the PLI for High Efficiency Solar PV Modules aims to create 48 GW of integrated manufacturing capacity. Investment commitments of nearly ₹52,942 crore are expected to reduce import dependence in the solar sector.
White Goods and Component Ecosystem
The white goods segment, including air conditioners and LED lighting, has initiated domestic production of compressors, motors and critical components. Value addition is projected to rise to 75–80 per cent by 2028–29.
By encouraging component manufacturing, the PLI framework is gradually strengthening India’s industrial supply chains.
A Structural Shift in Industrial Policy
The PLI Scheme represents a structural shift in India’s industrial strategy. Incentives are tied to measurable outcomes such as incremental sales and production, ensuring transparency and accountability.
By fostering localisation, encouraging technology adoption and integrating Indian manufacturers into global value chains, the scheme is positioning India as a competitive manufacturing destination. With sustained investments and expanding capacity, the PLI Scheme continues to shape the future of India’s industrial growth story.
