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India’s PLI Scheme Reaches 806 Approvals and Sanctions 48 Pharma Projects

The incentive scheme has drawn ₹1.76 lakh crore in investment, catalysed record pharma sales, spurred mobile exports, expanded domestic drug-production capacity, supplemented by ₹21,534 crore in disbursed incentives

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PLI schemes attract Rs 1.76 lakh crore investment, mobile exports surge 775%, govt tells Lok Sabha

Overview

  • Over 806 applications have been approved across 14 sectors under the Production Linked Incentive scheme as of July 2025.
  • Investments of ₹1.76 lakh crore realised by March 2025 have driven incremental production worth ₹16.5 lakh crore and created more than 12 lakh direct and indirect jobs.
  • Pharmaceutical sector sales hit ₹2.66 lakh crore including ₹1.7 lakh crore in exports, converting India into a net exporter of bulk drugs.
  • Mobile exports grew 775% between 2020-21 and 2024-25 to reach ₹2 lakh crore, marking a sharp decline in import dependence.
  • Forty-eight bulk-drug projects were approved to scale up domestic KSM, DI and API manufacturing and avoid ₹1,362 crore in imports.