PLI Scheme Boosts 'Make In India': Investments To Surpass ₹2 Lakh Crore, Says Piyush Goyal

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Union Minister Piyush Goyal says, “Production Linked Incentive is one of the most successful programs that Prime Minister Narendra Modi government has launched under the ‘Make in India’ initiative which we are celebrating ten years in this week. We have estimated that in the 14 sectors about 1 lakh 32 thousand crores will be invested. But based on our repeated interactions. We could look at an investment of upward of 2 lakh crores being seeded through the Production Linked Incentive scheme. It was our expectation that we’ll see additional production of about 11 lakh crores. But hearing some of the numbers today, my own sense is both for domestic demand and for export – the production also will be much more than we had expected…”

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