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    <title>755 applications approved across 14 sectors, investment of Rs. 1.23 lakh crore attracted under PLI Scheme till March 2024</title>
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    <description>Production Linked Incentive schemes cover fourteen manufacturing sectors to attract investment, increase scale efficiencies and competitiveness. Beneficiary selection criteria include willingness to invest, production of approved product categories, eligible net worth and domestic value addition as set out in implementing Ministries&#039; Scheme Guidelines. Under the Automobile and ACC Battery PLIs, beneficiary expenditure on Research and Development is treated as eligible investment to support technology adoption.</description>
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