PLI Scheme Going To Be Huge Boost For ‘Make In India’: DPIIT Secretary | Catch News

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Published on: Nov 26, 2021
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PLI Scheme Going To Be Huge Boost For ‘Make In India’: DPIIT Secretary | Catch News

Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Anurag Jain on November 26 said that response to the Production-Linked Incentive (PLI) scheme for White Goods has been great and termed the scheme as a boost for the ‘Make in India’ initiative of the Centre.

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#MakeInIndia #ProductionLinkedIncentiveScheme

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PLI Scheme Going To Be Huge Boost For ‘Make In India’: DPIIT Secretary | Catch News

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    Production Linked Incentive Scheme (PLI) was launched by the Government to boost manufacturing in India. We continue to see gaming PCs and monitor sales at all-time highs and Chrome-based devices are expanding beyond education into the consumer market. In retrospect, the pandemic not only fueled PC market demand but also created opportunities that resulted in a market expansion. The government of India had introduced the PLI scheme offering incentives to companies manufacturing in 10 key sectors in the country. It has aimed at making manufacturers globally competitive and attract investment in the areas of core competency. The scheme is targeted at making the country an integral part of the global supply chain. Production linked incentive scheme is likely to boost the manufacturing output in 5-Years.

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