Make in India, PLI Schemes & Manufacturing Revival

The "Make in India 2.0" initiative creates a conducive ecosystem to transform India into a global design and manufacturing hub. The strategy has pivoted from import substitution to export-led growth, anchored by the Production Linked Incentive (PLI) schemes which provide financial incentives on incremental sales to offset "disability costs" and boost domestic value addition.

Industrial Drivers & Beneficiaries

  • Sunrise Sectors: Advanced Chemistry Cell (ACC) Batteries, Green Hydrogen, and Drones gaining initial manufacturing foothold.
  • Electronics Ecosystem: Mobile manufacturers (global champions and domestic entities) and component makers.
  • MSMEs: Ancillary units integrated into the global supply chains of large "Anchor Investors" under PLI.
  • Labour Force: Blue-collar ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy February 2026 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Indian Economy & Socio-economic Development