SynopsisThe PLI scheme is likely to make India an integral part of the global supply chain. Much of the action for implementation of various projects will have to involve state governments, so that the scheme is taken fuller advantage of in the states.
The production-linked incentive (PLI) scheme to galvanise investments into manufacturing and exports has been a thumping success. The scheme will have GoI distribute $20 billion among eligible manufacturers, and is aimed at remunerating manufacturers for increasing total output incrementally, either for the Indian market or for exports.It will also help foreign companies invest or expand in India, and every new unit they produce will earn themBYDhanendra KumarET CONTRIBUTORS
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