Production Linked Incentive (PLI) Scheme

About the Scheme

A performance-linked fiscal incentive scheme designed to boost domestic manufacturing, attract large-scale private investments, and enhance India's export potential by providing rewards based on incremental sales across various strategic sectors.

Target Beneficiaries: Manufacturing companies across 27 sectors including Electronics, Automobiles, and components.

✦Key Features

• Incentives based on incremental production and sales
• Sector-specific eligibility criteria
• Umbrella scheme covering 27 different sectors
• Strategic focus on high-growth industries like EVs and Electronics

★Benefits

• Performance-linked fiscal incentives of 4% to 6% on incremental sales
• Spurred ₹2.16 lakh crore of private investment
• Generated ₹20.41 lakh crore in production output
• Creation of approximately 14.39 lakh jobs