Key Points
The government Tuesday said that over Rs 95,000 crore of investment in projects under various production linked incentive (PLI) schemes which has led to production/sales of Rs 7.8 lakh crore and employment generation of above 6.4 lakh...
In its 2023 year end review, the Department for Promotion of Industry and Internal Trade (DPIIT) also said that it is working with 24 sub-sectors, including furniture, aluminium, agrochemicals and textiles, to promote domestic manufacturing, boost exports, and reduce imports..
As per the review, the government has approved 746 PLI applications till November 2023 and established PLI units in more than 150 districts across 24 states..
Moreover, import substitution of 60% has been achieved in the telecom sector and India has become almost selfreliant in Antennae, GPON (Gigabit Passive Optical Network) & CPE (Customer Premises Equipment)...
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