The Government has significantly increased budget allocations for key sectors under the PLI Scheme in 2025-26, reaffirming its commitment to strengthening domestic manufacturing. Several sectors have witnessed substantial hikes, with allocations for Electronics and IT Hardware soaring from ₹5,777 crore (revised estimate for 2024-25) to ₹9,000 crore, and Automobiles and Auto Components seeing a remarkable jump from ₹346.87 crore to ₹2,818.85 crore.
The PLI Scheme focuses on attracting investment in high-tech industries, strengthening domestic manufacturing capabilities, and enhancing India’s global competitiveness. By targeting key sectors, it aims to boost industrial growth and position India as a major manufacturing hub.
