<h1>India's PLI Schemes: Boosting Domestic Manufacturing in 13 Sectors with INR 1.97 Lakh Crore Investment.</h1> The Production-Linked Incentive (PLI) Schemes, with an outlay of INR 1.97 lakh crore, aim to boost domestic manufacturing in 13 key sectors in India, with a projected production value of over US$ 500 billion in five years. The schemes incentivize incremental sales from products manufactured in India, targeting sectors like electronics, pharmaceuticals, telecom, and solar PV modules. Approved schemes have already attracted significant investment and employment, with expectations of increased exports and reduced import dependence. The initiatives are part of the government's strategy to strengthen domestic industries and create global manufacturing champions, supporting the vision of Atmanirbhar Bharat.