Production Linked Incentive (PLI)
On trackLaunched 2020 · Self-Reliance
Pay incentives tied to incremental sales of goods made in India, to attract global supply chains, build scale in strategic sectors, raise domestic value addition and exports, and create jobs.
What was promised
- An outlay of ₹1.97 lakh crore across 14 sectors, from large-scale electronics and pharma to solar modules and ACC batteries.
The outlay is quoted as ₹1.97 lakh crore (March 2025 PIB) and ₹1.91 lakh crore (July 2026 Lok Sabha reply); the discrepancy is unexplained. Incentives actually disbursed (₹23,946 crore to September 2025) lag the headline outlay.
Progress update history
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October 2026
The Ministry of Textiles has cut the Part 2 minimum turnover for the textiles PLI from ₹200 crore to ₹100 crore and will accept Round 4 applications from 1 November 2026 to 31 December 2026. The lower bar is meant to bring in MSMEs and mid-sized units making man-made fibre apparel, fabrics and technical textiles. Applicants cleared in Round 4 get scheme tenure through FY 2033-34, and companies from Rounds 1, 2 and 3 that have not received an incentive can move to Round 4 if they withdraw their earlier applications.
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March 2026
To 31 March 2026: investment above ₹2.40 lakh crore; employment above 14.15 lakh; exports above ₹15.2 lakh crore cumulatively.
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September 2025
To September 2025: actual investment above ₹2.0 lakh crore; incremental production and sales above ₹18.70 lakh crore; employment above 12.60 lakh; 806 applications approved; exports above ₹8.20 lakh crore.
Sources: PIB, PLI progress to September 2025 · PIB, PLI: Lok Sabha reply (July 2026) · PIB, Textiles PLI: Part 2 turnover cut to ₹100 crore (28 October 2026)