The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.
Priority
Sectors
Implementing Ministry/Department
Approved financial outlay over a five-year period Rs.crore
Advance Chemistry
Cell (ACC) Battery
NITI Aayog and Department of Heavy Industries
18100
Electronic/Technology Products
Ministry of Electronics and Information Technology
5000
Automobiles
& Auto Components
Department of Heavy Industries
57042
Pharmaceuticals drugs
Department of Pharmaceuticals
15000
Telecom & Networking Products
Department of Telecom
12195
Textile Products: MMF segment and technical textiles
Ministry of Textiles
10683
Food Products
Ministry of Food Processing Industries
10900
High Efficiency Solar PV Modules
Ministry of New and Renewable Energy
4500
White Goods (ACs & LED)
Department for Promotion of Industry and Internal Trade
6238
Speciality Steel
Ministry of Steel
6322
Total
145980
The PLI scheme will be implemented by the concerned ministries/departments and will be within the overall financial limits prescribed. The final proposals of PLI for individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the Cabinet. Savings, if any, from one PLI scheme of an approved sector can be utilized to fund that of another approved sector by the Empowered Group of Secretaries. Any new sector for PLI will require fresh approval of the Cabinet.
The PLI scheme across these 10 key specific sectors will make Indian manufacturers globally competitive, attract investment in the areas of core competency and cutting-edge technology; ensure efficiencies; create economies of scale; enhance exports and make India an integral part of the global supply chain.
The above will be in addition to the already notified PLI schemes in the following sectors:
No.
Sectors
Implementing
Ministry/Department
Financial outlays
Rs. crore
Mobile Manufacturing and Specified Electronic
Components
MEITY
40951
Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients
Department of Pharmaceuticals
6940
Manufacturing of Medical
Devices.
3420
Total
51311
The Prime Minister's clarion call for an 'AatmaNirbhar Bharat' envisages policies for the promotion of an efficient, equitable and resilient manufacturing sector in the country.Growth in production and exports of industrial goods will greatly expose the Indian industry to foreign competition and ideas, which will help in improving its capabilities to innovate further. Promotion of the manufacturing sector and creation of a conducive manufacturing ecosystem will not only enable integration with global supply chains but also establish backward linkages with the MSME sector in the country. It will lead to overall growth in the economy and create huge employment opportunities.
Sector
Product Lines
Advance
Chemistry Cell (ACC) Battery Manufacturing
ACC Batteries
Electronic/Technology Products
Automobile and
Auto Components
Automobile and Auto Components
Pharmaceuticals
Category 1
Category 2
Category 3
Telecom Products
Textiles
Food Processing
Solar PV manufacturing
Solar PVs
White Goods
Steel Products
********
DS
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.
Priority
Sectors
Implementing Ministry/Department
Approved financial outlay over a five-year period Rs.crore
Advance Chemistry
Cell (ACC) Battery
NITI Aayog and Department of Heavy Industries
18100
Electronic/Technology Products
Ministry of Electronics and Information Technology
5000
Automobiles
& Auto Components
Department of Heavy Industries
57042
Pharmaceuticals drugs
Department of Pharmaceuticals
15000
Telecom & Networking Products
Department of Telecom
12195
Textile Products: MMF segment and technical textiles
Ministry of Textiles
10683
Food Products
Ministry of Food Processing Industries
10900
High Efficiency Solar PV Modules
Ministry of New and Renewable Energy
4500
White Goods (ACs & LED)
Department for Promotion of Industry and Internal Trade
6238
Speciality Steel
Ministry of Steel
6322
Total
145980
The PLI scheme will be implemented by the concerned ministries/departments and will be within the overall financial limits prescribed. The final proposals of PLI for individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the Cabinet. Savings, if any, from one PLI scheme of an approved sector can be utilized to fund that of another approved sector by the Empowered Group of Secretaries. Any new sector for PLI will require fresh approval of the Cabinet.
The PLI scheme across these 10 key specific sectors will make Indian manufacturers globally competitive, attract investment in the areas of core competency and cutting-edge technology; ensure efficiencies; create economies of scale; enhance exports and make India an integral part of the global supply chain.
The above will be in addition to the already notified PLI schemes in the following sectors:
No.
Sectors
Implementing
Ministry/Department
Financial outlays
Rs. crore
Mobile Manufacturing and Specified Electronic
Components
MEITY
40951
Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients
Department of Pharmaceuticals
6940
Manufacturing of Medical
Devices.
3420
Total
51311
The Prime Minister's clarion call for an 'AatmaNirbhar Bharat' envisages policies for the promotion of an efficient, equitable and resilient manufacturing sector in the country.Growth in production and exports of industrial goods will greatly expose the Indian industry to foreign competition and ideas, which will help in improving its capabilities to innovate further. Promotion of the manufacturing sector and creation of a conducive manufacturing ecosystem will not only enable integration with global supply chains but also establish backward linkages with the MSME sector in the country. It will lead to overall growth in the economy and create huge employment opportunities.
Sector
Product Lines
Advance
Chemistry Cell (ACC) Battery Manufacturing
ACC Batteries
Electronic/Technology Products
Automobile and
Auto Components
Automobile and Auto Components
Pharmaceuticals
Category 1
Category 2
Category 3
Telecom Products
Textiles
Food Processing
Solar PV manufacturing
Solar PVs
White Goods
Steel Products
********
DS