Government says PLI schemes have generated over 14 lakh jobs, boosted exports and strengthened India’s manufacturing ecosystem across key sectors.
Key Highlights
- PLI schemes attracted over ₹2.40 lakh crore in investments till March 31, 2026.
- More than 14.15 lakh direct and indirect jobs created.
- Exports worth over ₹15.2 lakh crore generated under PLI schemes.
- Solar PV modules received the highest investment at ₹64,873 crore.
- Pharma and automobile sectors attracted over ₹45,000 crore and ₹44,000 crore respectively.
- ₹945 crore approved under Startup India Seed Fund Scheme.
- Indian companies invested USD 15.9 billion in the US during 2021–2026.
- Government reaffirmed existing FDI norms for retail trading.
News
India’s Production Linked Incentive (PLI) schemes have attracted actual investments exceeding ₹2.40 lakh crore and generated over 14.15 lakh direct and indirect jobs as of March 31, 2026, the Central Government informed Parliament on Tuesday.
In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said the flagship manufacturing incentive programme has also enabled exports worth more than ₹15.2 lakh crore, reflecting India’s growing role in global manufacturing and supply chains.
Among all sectors, high-efficiency solar PV modules attracted the highest investment of ₹64,873 crore. The pharmaceutical sector followed with investments of ₹45,158 crore, while the automobile industry received ₹44,326 crore. Investments also remained strong in speciality steel at ₹23,896 crore and large-scale electronics manufacturing at ₹20,580 crore.
The government also highlighted progress under the Startup India Seed Fund Scheme. As of June 30, 2026, 219 operational incubators had been selected, with ₹945 crore approved under the scheme. Out of this, ₹650 crore has already been disbursed to support early-stage startups across the country.
Sharing data on overseas investments, the minister said Indian companies invested USD 15.9 billion in the United States between 2021 and 2026, including over USD 4 billion during the last financial year alone.
On foreign direct investment (FDI) in the retail sector, the government reiterated that 100% FDI is permitted under the automatic route in single-brand retail trading, while 51% FDI is allowed under the government approval route in multi-brand retail trading, subject to existing conditions.
The government further stated that cumulative FDI inflows into single-brand retail trading reached USD 1.53 billion between April 2021 and March 2026. Meanwhile, multi-brand retail trading attracted USD 34.38 million during the same period, with annual inflows showing gradual improvement.
The latest figures indicate that the PLI scheme continues to play a significant role in expanding domestic manufacturing, attracting private investments, generating employment and strengthening India’s export competitiveness across strategic industries.
