
Policy Update: Boosting Manufacturing GDP: Analyzing the Impact of PLI Schemes in 2026 and Beyond
The Production Linked Incentive (PLI) Scheme stands as the foundational cornerstone of the Government of India’s campaign to accelerate Atmanirbhar Bharat (Self-Reliant India). Launched in 2020 as a core pillar of the initial economic response strategy, the framework was conceptualized and shaped by NITI Aayog in close coordination with the Department for Promotion of Industry and Internal Trade (DPIIT) before individual sectors were handed over to their respective line ministries for implementation. Deployed with an initial comprehensive outlay of ₹1.91 lakh crore (over $26 billion), the overarching policy objective is to structurally scale up India’s industrial architecture, enhance export competitiveness, and integrate domestic manufacturers into global value chains (GVCs).






