PLI schemes driving domestic production, exports, and jobs, Goyal urges focus on quality skilling and infrastructure.
Union Commerce and Industry Minister Piyush Goyal chaired a high-level review of the Production Linked Incentive (PLI) Scheme, urging Ministries to boost self-reliance, enhance export competitiveness, and prioritise quality over quantity in skilling efforts.
Goyal emphasised the importance of leveraging India’s strengths in key sectors while addressing infrastructure gaps and stakeholder concerns. He called for a five-year roadmap focused on investment and disbursement across PLI sectors, urging close coordination with NICDC to resolve implementation hurdles.
The scheme spans 14 sectors and has attracted Rs 1.76 lakh crore in investments, generating over Rs 16.5 lakh crore in production and creating 12 lakh jobs by March 2025. Incentives worth Rs 21,534 crore have been disbursed across 12 sectors, including pharmaceuticals, textiles, auto components, and food processing.
Notable gains include India becoming a net exporter of bulk drugs and a 25-fold surge in millet product sales. The textile sector reported robust growth in both MMF and technical textile exports.
The Minister reiterated the goal of making India a global manufacturing hub through sustained policy support and industry collaboration.
Source: PIB Delhi
