Icra predicts PLI scheme to attract ₹3-4 trillion investments, creating 200,000 jobs in 4 years.
Icra forecasts the Production Linked Incentive (PLI) scheme will attract ₹3-4 trillion investments over 4 years, leading to 200,000 job creations. Large projects in sectors such as semiconductor, solar module, and pharmaceutical intermediaries are expected to boost private sector capex in oil and gas, metals and mining, hospitals, healthcare, and cement sectors. To reach record high levels, the government may need to provide tax breaks.
June 12, 2024
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