Skip to content
Saturday, March 14
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
Home>>Business>>PLI Schemes See Actual Investment Of Rs 1.76 Lakh Crore, Create Over 12 Lakhs Jobs: Minister
Business

PLI Schemes See Actual Investment Of Rs 1.76 Lakh Crore, Create Over 12 Lakhs Jobs: Minister

international media news
July 23, 2025 30 Views0

The production-linked incentive (PLI) schemes have realised actual investment of Rs. 1.76 lakh crore till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs. 16.5 lakh crore and employment generation of over 12 lakhs (direct and indirect), the Parliament was informed on Tuesday. 

 

To date, 806 applications have been approved under PLI schemes across 14 sectors. These schemes have incentivized domestic manufacturing, leading to increased production, job creation and a boost in exports, said Minister of State for Commerce and Industry, Jitin Prasada, in a written reply to the Lok Sabha.

 
 

The pharmaceuticals sector has witnessed cumulative sales of Rs 2.66 lakh crore which includes exports of Rs 1.70 lakh crore achieved in the first three years of the scheme.

The scheme has contributed to India becoming a net exporter of bulk drugs (Rs 2,280 crore) from net importer (-1,930 crore) as was the case in FY 2021-22. It has also resulted in significant reduction in gap between the domestic manufacturing capacity and demand of critical drugs.

Under the PLI Scheme for medical devices, 21 projects have started manufacturing of 54 unique medical devices, which include high end devices such as Linear Accelerator (LINAC), MRI, CT-Scan, Heart Valve, Stent, Dialyzer Machine, C-Arm, Cath Lab, Mammograph, MRI Coils, etc, the minister informed the House.

The production of mobiles in value terms has increased by around 146 per cent from Rs 2,13,773 crore in 2020-21 to Rs 5,25,000 crore in 2024-25 as per industry association and DGCIS.

During the same period, exports of mobile phones in value terms has increased by around 775 per cent from Rs 22,870 crore in 2020-21 to Rs 2,00,000 crore in 2024-25, he added.

“Cumulative incentive amount of Rs 21,534 crore have been disbursed as on 24.06.2025 under PLI Scheme for 12 sectors, namely Large Scale Electronics Manufacturing (LSEM), IT Hardware, Bulk Drugs, Medical Devices, Pharmaceuticals, Telecom & Networking Products, Food Processing, White Goods, Drones & Drone Components, Specialty Steel, Textile products and Automobiles & Auto components, the minister highlighted.

Share:

Previous Post

Finalissima 2026: All Eyes On Lionel Messi And Lamine Yamal As Argentina-Spain Clash For March, Venue Yet To Be Finalized

Next Post

IPL 2026 Trade Window: Is It The End Of The Road For Venkatesh Iyer? Why KKR May Target Mohammed Shami And Ishan Kishan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • US confirms death of four soldiers in KC-135 crash over Iraq
  • IPL 2026 predicted as MS Dhoni’s last season; CSK legend set for Iconic goodbye
  • West Asia war: Government issues urgent warning over fake news and war visuals
  • Main Vaapas Aaunga teaser out: Imtiaz Ali’s cross-generational romance set against 1947 partition promises epic tale
  • OMCs working to maintain LPG supply despite global disruptions: CPIL CMD

Latest News

US confirms death of four soldiers in KC-135 crash over Iraq

international media news
March 14, 2026

The United States Central Command confirmed the death of four US Soldiers in the crash of an air ref

IPL 2026 predicted as MS Dhoni’s last season; CSK legend set for Iconic goodbye

international media news
March 14, 2026

West Asia war: Government issues urgent warning over fake news and war visuals

international media news
March 14, 2026

Main Vaapas Aaunga teaser out: Imtiaz Ali’s cross-generational romance set against 1947 partition promises epic tale

international media news
March 14, 2026

Latest News

US confirms death of four soldiers in KC-135 crash over Iraq

international media news
March 14, 2026

IPL 2026 predicted as MS Dhoni’s last season; CSK legend set for Iconic goodbye

international media news
March 14, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News