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of <h1>India Launches PLI Schemes for 14 Sectors with Rs. 1.97 Lakh Crore Investment to Boost Manufacturing and Exports.</h1> India has announced Production Linked Incentive (PLI) Schemes for 14 key sectors with an investment of Rs. 1.97 lakh crore to boost manufacturing and exports, aligning with its 'Atmanirbhar' vision. The sectors include electronics, pharmaceuticals, automobiles, textiles, solar modules, and drones, among others. These schemes aim to attract investments, enhance efficiency, and make Indian companies globally competitive, potentially boosting production, employment, and economic growth over the next five years. The PLI initiatives are expected to significantly impact the MSME ecosystem, with 176 MSMEs among the 733 approved applications, enhancing the supplier base across various sectors.
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