PLI Scheme

Tax Glossary Definition

PLI Scheme

The Central government's ambitious Production-Linked Incentive (PLI) scheme has elevated investment prospects in local manufacturing. Initiated with the selection of 13 industries, the program has garnered a total investment nearing ₹2 lakh crore.

Example:
Under the PLI scheme for mobile manufacturing, a global smartphone company sets up a new production facility in India with an investment of ₹1,200 crore. This investment qualifies for incentives based on increased production, contributing to the overall growth in domestic manufacturing and adding to the scheme’s total investment pool.

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