India's PLI schemes draw ₹2.4 lakh crore investment, ₹35,354 crore disbursed

India's Production Linked Incentive (PLI) schemes, launched in 2020 across 14 sectors with a ₹1.91 lakh crore outlay, have drawn ₹2.4 lakh crore in actual investment through March 31, Minister of State for Commerce and Industry Jitin Prasada told the Rajya Sabha on Friday.

The government has disbursed ₹35,354 crore in incentives to beneficiaries so far. The schemes have generated production or sales of ₹22.66 lakh crore, exports of ₹15.2 lakh crore, and employment for 14.15 lakh people – 8.4 lakh of those direct jobs, according to Prasada's written reply.