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India's PLI scheme boosts manufacturing, disbursing $2.7B in incentives across 806 approved applications.
The Indian government's PLI scheme, launched to boost manufacturing and exports, has approved 806 applications across 14 sectors, disbursing Rs 21,689 crore in incentives.
Key sectors include electronics and pharmaceuticals, leading to over Rs 17 lakh crore in incremental sales and exports exceeding Rs 7.5 lakh crore.
The scheme has created over 12.3 lakh jobs and introduced measures like quarterly disbursements and simplified compliance to support industries.
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El esquema PLI de la India impulsa la fabricación, desembolsando $ 2.7B en incentivos en 806 solicitudes aprobadas.