PLI Scheme Boosts Electronics, Pharma, Medical Devices

The Production-Linked Incentive (PLI) scheme in India has helped increase production in electronics, pharmaceuticals, and medical devices.

However, investments, sales, and job creation are still lower than expected.

Electronics production has grown a lot, with India becoming a big hub for mobile phone manufacturing.

The pharma sector has also improved, especially in making important medicines and exporting them.

Medical devices are now being made in India that were earlier imported.

Overall, the scheme is helping India make more things at home and become a bigger player in these industries.