Large Scale Electronics Manufacturing (LSEM), with an outlay of ₹34,193 crore, has emerged as a strong contender within PLI.
In a report, released on Thursday, titled “Impact Assessment of PLI Schemes”, the government think tank NITI Aayog said that 70 per cent of targeted segments under the Production Linked Incentive (PLI) Scheme are on track. Highlighting strong outcomes in electronics, telecom, and pharmaceuticals, the report stated that as of March 2026, the scheme has drawn in cumulative investments of $25.5 billion, generating production of about $240.6 billion and employing 8,49,069 individuals.
Large Scale Electronics Manufacturing (LSEM), with an outlay of $3.63 billion, has emerged as a strong contender within the scheme. Mobile manufacturing, specifically saw a significant growth in production, sales and even exports for both domestic and global firms. PLI has been introduced across 14 sectors, to transform India into a manufacturing hub.
NITI Aayog Vice Chairman Ashok Kumar Lahiri noted that manufacturing is necessary for employment, innovation and productivity led growth. PLI is a major policy initiative to attract investment, fuel exports and promote inclusive growth as India advances towards the vision of Viksit Bharat in 2047, according to the Aayog.
