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 MSMEs: India’s Biggest GDP Contributor, Says FM Nirmala Sitharaman at IFQM Annual Symposium Msme News 11 Years of Jan Dhan Yojana : Revolution in Financial Inclusion Msme News MSME Ministry Strengthens Clusters with Modern Infrastructure and Shared Facilities Msme News PM Vishwakarma Scheme Brings Skill, Tools & Credit Support Msme News NSIC Celebrates 70th Foundation Day, Reaffirms Commitment to Atmanirbhar Bharat Msme News Veteran Politician Nur Azam Mondal Appointed Assam Coordinator for MSME Promotion Council Msme News MSMEs Stay Strong in Q4 FY25, But Credit Gaps Remain a Concern: SIDBI Survey IPO News Afcons Infrastructure Set to Launch Major IPO in Early October Msme News Ministry of MSME Hosts Seva Parv 2025: Virasat se Vikas in Varanasi Msme News Debroy’s Demise: A Monumental Loss for Indian MSMEs, Says FISME
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