List of 14 Sectors under PLI Scheme in India

To realize the PM Modi's vision of making India self reliant, central government has started Production Linked Incentive Scheme. PLI Scheme in India has till date included 14 key sectors under its ambit with an outlay of Rs. 1.97 lakh crore (around US $26 billion). The PLI scheme 2024 aims to enhance India's manufacturing capabilities and exports.

Through India PLI scheme, govt. wants to attract investments in key sectors and cutting-edge technology. Production Linked Incentives would ensure efficiency and bring economies of size and scale in the manufacturing sector and make Indian companies and manufacturers globally competitive.

These PLI schemes for various sectors have the potential of significantly boosting production, employment and economic growth over the next 5 years or so. Read this article till the end to check complete list of 14 sectors under PLI scheme in India.

India PLI Scheme Sectors List 2024

PLI scheme in India is a form of performance-linked incentive which would provide incentives to companies on incremental sales from products manufactured in domestic units. It is aimed at boosting the manufacturing sector and to reduce imports. The complete list of 14 sectors which are currently under the ambit of PLI scheme are as follows:-

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, and 
14. Drones and Drone Components.

PLI Schemes for all 14 sectors have been notified by the concerned Ministries/ Departments after due approval. These production linked incentive schemes are in various stages of implementation by the implementing Ministries/ Departments. 

Need for Production Linked Incentive Scheme in India

PLI schemes for 14 sectors shall entail Make in India and incentivise foreign manufacturers to start production in India. Production linked incentive scheme shall also incentivise domestic manufacturers to expand their production and exports, making India "Atmanirbhar". The PLI scheme is expected to have a cascading effect on the country's MSME ecosystem. The anchor units that will be built in every sector are likely to set a new supplier/vendor base in the entire value chain. Most of these ancillary units are expected to be built in the MSME sector. 

Out of the 733 applications selected under various PLI Schemes, 176 MSMEs are among the PLI beneficiaries in sectors such as Bulk Drugs, Medical Devices, Pharma, Telecom, White Goods, Food Processing, Textiles & Drones. All the approved sectors identified under PLI Schemes follow the broad criteria of focusing on key technologies where India can leapfrog and multiply employment, exports and overall economic benefits for the economy. 

The 14 sectors under PLI scheme in India were approved after vetting by NITI Aayog and after detailed deliberations with concerned Ministries/ Departments. As on date, Union Cabinet has not approved any proposal to add any new sectors under PLI Schemes.

Source / Reference Link: https://pib.gov.in/PressReleasePage.aspx?PRID=1945155