<h1>India Allocates $26 Billion to Boost Manufacturing with PLI Schemes in 13 Sectors, Including Automobiles and Pharmaceuticals.</h1> India has allocated INR 1.97 lakh crore (over US$ 26 billion) in the Union Budget 2021-22 for Production Linked Incentive (PLI) schemes across 13 key manufacturing sectors, starting from fiscal year 2021-22. The sectors include existing ones like mobile manufacturing and pharmaceuticals, alongside new sectors such as automobiles, specialty steel, and advanced chemistry cell batteries. The PLI schemes aim to boost production, employment, and economic growth by attracting investments and enhancing global competitiveness. Implementation is managed by respective ministries, with promotional activities to attract investors. Any expansion requires Union Cabinet approval, as per the Ministry of Commerce and Industry.