Lok Sabha Question No. 1193 (UNSTARRED), answered on 2024-07-30
Subject: Performance of PLI Schemes
Ministry: COMMERCE AND INDUSTRY
Asked by: Shri Praveen Patel, Shri Naresh Ganpat Mhaske, Dr. Shrikant Eknath Shinde, Dr. D. Purandeswari

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

UNSTARRED QUESTION NO. 1193.

TO BE ANSWERED ON TUESDAY, THE 30 TH  JULY, 2024.

## PERFORMANCE OF PLI SCHEMES

- 1193   SHRI PRAVEEN PATEL: SHRI NARESH GANPAT MHASKE: DR. SHRIKANT EKNATH SHINDE: SMT. DAGGUBATI PURANDESWARI:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state: वाणिज्य एवं उद्योग मंत्री

- (a) a  summary  of  the  performance  of  the  Production  Linked  Incentive  (PLI) Schemes,  highlighting  the  total  number  of  applicants,  approved  applicants, estimated investments, and projected job creation;
- (b) the  details  regarding  the  particular  criteria  employed  in  the  selection  of beneficiaries under the PLI Schemes; and
- (c) the  initiatives  underway  to  promote  research  and  development  among  the beneficiaries of the PLI schemes, fostering innovation in the automotive and battery storage sectors?

## ANSWER

## वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री ( श्री णिणिन प्रसाद ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JITIN PRASADA)

- (a): Keeping in view India's vision of becoming 'Atmanirbhar', Production Linked Incentive (PLI) Schemes for 14 key sectors have been announced with an outlay  of  Rs.  1.97  lakh  crore  (over  US$26  billion)  to  enhance  India's Manufacturing capabilities and Exports.

The  14  sectors  are:  (i)  Mobile  Manufacturing  and  Specified  Electronic Components, (ii) Critical Key Starting Materials/Drug Intermediaries & Active Pharmaceutical  Ingredients,  (iii)  Manufacturing  of  Medical  Devices  (iv) Automobiles and Auto Components, (v) Pharmaceuticals Drugs, (vi) Specialty Steel,  (vii)  Telecom  &  Networking  Products,  (viii)  Electronic/  Technology Products, (ix) White Goods (ACs and LEDs), (x) Food Products, (xi) Textile Products: MMF segment and technical textiles, (xii) High efficiency solar PV modules, (xiii) Advanced Chemistry Cell (ACC) Battery, and (xiv) Drones and Drone Components.

The purpose of the PLI Schemes is to attract investments in key sectors and cutting-edge technology; ensure efficiency and bring economies of size and scale in the manufacturing sector and make  Indian companies and manufacturers  globally  competitive.  These  schemes  have  the  potential  of significantly boosting production, increase manufacturing activities  and contribute to economic growth over the next five years or so. As on date, 755 applications have been approved across 14 sectors. Investment of Rs. 1.23 lakh  crore  have  been  realized  till  March  2024  resulting  in  employment generation of around 8 lakhs.

- (b): The criteria  employed in the selection of beneficiaries under PLI Schemes includes  but  not  limited  to  willingness  to  making  required  investment, production  of approved product categories under respective Scheme, eligible net worth, domestic value addition, etc. as mentioned in Scheme Guidelines issued by the implementing Ministries/ Departments.
- (c): PLI  Scheme  for  Automobile  and  Auto  Components  (PLI-Auto)  and;  PLI Scheme  on  National  Programme  on  Advanced  Chemistry  Cell  (PLI-ACC) Battery storage are being implemented by the Ministry of Heavy Industries. Under  both  Schemes,  expenditure  incurred  by  the  beneficiary  firms  on Research and Development is considered as an eligible Investment, to enable them to adopt latest technology in implementation of their projects.

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