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PLI Scheme and India’s Manufacturing Leap: Boosting Exports and Domestic Industry

Introduction India’s economic ambition to become a global manufacturing hub received a major policy push with the introduction of the Production Linked Incentive (PLI) Scheme. Launched in 2020, the PLI scheme marks a structural shift in India’s industrial policy—moving away from input subsidies and tariff protection toward performance-based incentives linked directly to output. The scheme…

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Understanding the PLI Scheme for Semiconductor Manufacturing in India: A Comprehensive Overview

The Production Linked Incentive (PLI) Scheme for semiconductor manufacturing is an initiative introduced by the Government of India to promote domestic semiconductor production. The semiconductor industry plays a vital role in the modern digital economy, powering everything from smartphones to advanced computing systems. With India’s growing demand for semiconductors and the global chip shortage of…

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