Electronics Firms Receive Rs 19,091 Cr PLI Incentives
Electronics

Electronics Firms Receive Rs 19,091 Cr PLI Incentives

As investments cross Rs 20,580 Crore, large-scale electronics manufacturing emerges as the biggest PLI beneficiary

 

India’s large-scale electronics manufacturing sector has received Rs 19,090.98 crore in incentives under the Production Linked Incentive (PLI) scheme, while investments in the sector have crossed Rs 20,580 crore, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).

The figures highlight the growing role of the PLI programme in expanding India’s domestic electronics manufacturing base, particularly mobile phone production. The electronics sector has emerged as the largest recipient of PLI incentives among the 14 sectors covered by the scheme.

Electronics Leads PLI Incentive Disbursement
The government had disbursed a cumulative Rs 36,754 crore to PLI beneficiaries across sectors between the launch of the scheme in 2020 and June 30, 2026. Of this, large-scale electronics manufacturing accounted for Rs 19,090.98 crore.

The PLI programme was launched in 2020 with an approved outlay of Rs 1.91 lakh crore across 14 sectors. The scheme provides fiscal incentives to eligible companies based on incremental sales over a specified base year, with the broader objective of strengthening domestic manufacturing, attracting investment, boosting exports and reducing import dependence.

Smartphone Manufacturing Drives Growth
The large-scale electronics manufacturing PLI scheme was specifically designed to strengthen India’s mobile phone manufacturing ecosystem. A total of 32 companies were approved as beneficiaries under the scheme.

The tenure of the electronics PLI scheme, initially approved for five years from 2020-21 to 2024-25, was subsequently extended by a year through 2025-26.

The expansion of domestic manufacturing has coincided with a significant rise in smartphone exports. Smartphone exports increased to around $30 billion in 2025-26, compared with $5.5 billion in 2021-22, according to the data cited in the report.

The electronics manufacturing sector had attracted Rs 20,580.20 crore in investments as of June 2026. Government data released earlier showed that large-scale electronics manufacturing had generated 1,69,249 jobs, including direct and indirect employment, by March 2026.

Pharma, Food And Auto Also Receive PLI Support
The PLI scheme has also channelled substantial incentives into other manufacturing sectors. As of June 2026, pharmaceutical companies had received Rs 6,662 crore, while food products and automobiles and auto components had received Rs 3,271.44 crore and Rs 3,174.15 crore, respectively.

Across all 14 PLI sectors, actual investment had reached Rs 2.58 lakh crore by June 30, 2026, with production and sales of Rs 23.79 lakh crore and exports of Rs 15.53 lakh crore. The schemes had also generated more than 14.57 lakh direct and indirect jobs, according to DPIIT data.

The latest electronics figures come as the sector completes the extended final year of its PLI programme, with the rise in mobile phone production and smartphone exports signalling a broader shift towards India-based electronics manufacturing and exports.

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