Key Features:

• Incentives for incremental sales from products made in India
• Encourage local companies to expand and attract foreign companies
• Focus on labor-intensive sectors to generate jobs

Sectors Under PLI Scheme:

1. Mobile Manufacturing and Specified Electronic Components
2. Critical Key Starting materials/Drug Intermediaries & Active Pharmaceutical Ingredients
3. Manufacturing of Medical Devices
4. Automobiles and Auto Components
5. Pharmaceuticals Drugs
6. Specialty Steel
7. Telecom & Networking Products
8. Electronic/Technology Products
9. White Goods (ACs and LEDs)
10. Food Products
11. Textile Products: MMF segment and technical textiles
12. High-efficiency solar PV modules
13. Advanced Chemistry Cell (ACC) Battery
14. Drones and Drone Components

Incentives:

• 4% to 6% incentive on incremental sales over base year
• Eligible companies for five years

Benefits:

• Dependent on overall output
• Increased accessibility
• Support for anchor investors
• Assistance with land acquisition, tax rebates, and import/export duties

Challenges:

• Limited sectors meeting targets in the first year
• Lack of common parameters for assessing value added
• Need for more incentives to compete with other countries
• Lack of centralized database for monitoring progress.