Overview
- The NITI Aayog impact assessment published Thursday, November 12, 2026, says PLI schemes have drawn about Rs 2.40 lakh crore in investment, produced Rs 22.66 lakh crore in output, created roughly 8.49 lakh jobs and led to Rs 35,354 crore in incentive payments through March 2026.
- The report finds broad progress with nearly 70% of targeted segments on track but shows sharp differences by sector with electronics, telecom and pharmaceuticals performing strongly while other areas lag.
- Solar module capacity expanded from about 8 GW before the program to nearly 116 GW by October 2025 with roughly 24 GW linked to PLI projects, underlining that some PLIs have spurred large-scale domestic capacity growth.
- The advanced chemistry cell battery scheme is the biggest shortfall: only about 1.4 GWh of capacity has been developed against a 50 GWh target, commercial production has not started and no incentives were yet disbursed because of technology gaps, lack of upstream parts and dependence on imported machinery.
- NITI Aayog is consulting ministries on changes that include demand-side measures, industry input on targets, better Centre–state coordination and standardised monitoring so incentives convert into durable local capacity and fewer import dependencies.