Production-Linked Incentive (PLI) Scheme approved for 10 more sectors

Production-Linked Incentive (PLI) Scheme approved for 10 more sectors

Part of: GS Prelims and GS-III – Economy

In news

• The Union Cabinet 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.

Sectors and Implementing Ministry/Department are as follows

• Advance Chemistry Cell (ACC) Battery: NITI Aayog and Department of Heavy Industries
• Electronic/Technology Products: Ministry of Electronics and Information Technology
• Automobiles & Auto Components: Department of Heavy Industries
• Pharmaceuticals drugs: Department of Pharmaceuticals
• Telecom & Networking Products: Department of Telecom
• Textile Products (MMF segment and technical textiles): Ministry of Textiles
• Food Products: Ministry of Food Processing Industries.
• High Efficiency Solar PV Modules: Ministry of New and Renewable Energy.
• White Goods (ACs & LED): Department for Promotion of Industry and Internal Trade.
• Speciality Steel: Ministry of Steel.

Do you know? 

Notified PLI schemes are already available in the following sectors:

• Mobile Manufacturing and Specified Electronic Components: MEITY.
• Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients: Department of Pharmaceuticals.
• Manufacturing of Medical Devices: Department of Pharmaceuticals