“PLI: Powering India’s Manufacturing Renaissance from Import Dependence to Global Competitiveness”, Goa Chronicles, February 20, 2026
“In 2020, when the world was reeling from supply chain disruptions and geopolitical realignments, India chose not to retreat inward – it chose to build. The launch of the Production Linked Incentive (PLI) Scheme was not a routine policy announcement. It was a strategic declaration that India would no longer remain merely a marketplace for global goods; it would become a manufacturing powerhouse.
With an incentive outlay of ₹1.91 lakh crore, the PLI Scheme represents one of the most ambitious industrial reform initiatives in independent India. Today, with 836 approved applications across 14 strategic sectors, cumulative investments exceeding ₹2.16 lakh crore, production and sales crossing ₹20.41 lakh crore, exports surpassing ₹8.3 lakh crore, and more than 14.39 lakh direct and indirect jobs generated, the numbers tell a powerful story. But beyond the numbers lies something more significant – a structural shift in India’s manufacturing trajectory.
As of 31 December 2025, ₹28,748 crore has been disbursed as incentives. Critics once questioned whether industry would respond. Industry not only responded – it committed capital at scale…….”
Read full article at goachronicle.com
