PLI Scheme Updates Showcase India’s Domestic Growth Push

‘Made-in-India’ goals reach a new height as the government releases important updates on the PLI Scheme’s success in domestic manufacturing.

The Production Linked Incentive (PLI) Scheme, with an outlay of ₹1.91 trillion, is driving significant growth in electronics, white goods, and solar photovoltaic (PV) manufacturing, the Government acknowledged.

According to data released by the Ministry of Commerce and Industry, as of 31 December 2025, the scheme has approved 836 applications across 14 sectors, generating cumulative investments of over ₹2.16 trillion, sales exceeding ₹20.41 trillion, and exports worth ₹8.3 trillion. More than 1.439 million jobs have been created, with incentive disbursements reaching ₹287.48 billion.

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Electronics manufacturing has seen progress, with India emerging as a hub for mobile phones and IT hardware, said the ministry. Imports of mobile phones have fallen by nearly 77 per cent since FY 2020–21, while domestic production now meets over 99 per cent of demand.

Manufacturing has expanded beyond assembly to include printed-circuit boards (PCBs), batteries, camera modules and other critical components, strengthening integration with global supply chains. IT hardware production has also advanced, with localisation reducing reliance on imports.

In the white goods sector, domestic production of air conditioners and LED lights has begun to include key components such as compressors, motors, copper tubes and LED drivers. Value addition is expected to rise to 75–80 per cent by 2028–29.

Solar PV manufacturing has been another major beneficiary. Under Tranche I and II, the scheme targets 48 GW of fully integrated capacity, supported by investment commitments of nearly ₹529.42 billion. This expansion is expected to significantly reduce reliance on imported modules and strengthen India’s renewable energy base.

The Commerce Ministry concluded that by incentivising incremental production and localisation, the PLI Scheme is reshaping India’s manufacturing landscape and enhancing competitiveness in the global supply chain.