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India's PLI scheme falls short of targets, prompting shift to factory subsidies

  • Digitimes faviconDigitimes

    Mar 21, 2025, 2:59 am500 ptsHotTop
    photo of India's PLI scheme falls short of targets, prompting shift to factory subsidies imageSince 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it has positioned India as a key player in smartphone production, its benefits for other sectors are limited. As a result, India may…
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