PLI Scheme: A Game Changer for MSME Growth in Manufacturing & Exports March 11, 2025 Md Saif Alam Msme News 0 New Delhi: The Production Linked Incentive (PLI) Scheme has emerged as a crucial initiative driving India’s manufacturing growth and export expansion, with a strong focus on Micro, Small, and Medium Enterprises (MSMEs). Launched to boost domestic production and reduce import dependency, the scheme has attracted ₹1.25 lakh crore in investments, creating new opportunities for MSMEs in key sectors such as electronics, pharmaceuticals, textiles, and food processing. PLI’s Impact on MSMEs & Indian Industry Massive Investment Inflow: Over ₹1.5 lakh crore invested, enhancing domestic manufacturing capabilities. Manufacturing Boost: More than 750 units approved, leading to production worth over ₹13 lakh crore. Export Growth: Exports generated under the scheme have exceeded ₹5 lakh crore, strengthening India’s global trade position. MSME Participation: Dedicated incentives for small businesses, ensuring integration into supply chains and technological advancement. PM Modi: “PLI Unlocking New Frontiers for Indian Enterprises” Addressing the impact of the PLI scheme, Prime Minister Narendra Modi emphasized the importance of manufacturing-led growth, stating: “Today, 14 sectors are benefiting from our PLI scheme. Under this scheme, more than 750 units have been approved, attracting an investment of over ₹1.5 lakh crore, resulting in production worth over ₹13 lakh crore and exports exceeding ₹5 lakh crore. This demonstrates that if our entrepreneurs are given opportunities, they can excel in every new sector.” MSMEs at the Heart of India’s Self-Reliance Vision With the government’s strong push for industrial expansion, MSMEs are well-positioned to leverage the PLI scheme for growth, innovation, and global competitiveness. As India accelerates its journey toward becoming a global manufacturing hub, the MSME sector will play a pivotal role in driving economic progress. Disclaimer: This summary is for informational purposes and readers should verify specific details through official reports or consult industry professionals for comprehensive insights. Popular Articles Msme News Cabinet Approves Integrated Energy, MSME, and Food Processing Policies Msme News MSMEs Encouraged to Apply for ZED Certification: A Guide to the Process Msme News SBI Plans to Increase Threshold Limit Under Instant Loan Scheme for MSME Sector Msme News Fullerton Boosts Investment in Lendingkart for MSME Growth Msme News PM Vishwakarma Scheme Brings Skill, Tools & Credit Support Msme News India–US Tariff War: 45% of Exports Driven by MSMEs Under Threat, but New Markets Await Msme News “MSMEs are the backbone of our economy, creating jobs and driving growth,” says PM Modi Msme News Chandigarh Set to Boost MSME Sector with 12-Point Development Programme Msme News MSME Loan Portfolio Reaches ₹64.1 Trillion in FY24: Report Msme News CHAMPIONS 2.0 Portal: Smart Support for MSMEs Across India
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