The Economic Times

India electronics firms get Rs 19,091 crore PLI incentives, investments cross Rs 20,580 crore

Electronics manufacturing companies have received substantial incentives under the production-linked incentive scheme and attracted significant investments. The PLI scheme has successfully boosted the domestic mobile phone production and smartphone exports. In total, the electronics sector emerged as the biggest beneficiary among the various sectors participating in the program. Other sectors like pharmaceuticals and food also received notable incentives to enhance their manufacturing capabilities.