Introduction With the launch of the Production-Linked Incentive (PLI) programs in the fiscal year 2021–2022, India set out on a bold new path intended to stimulate exports and local production. Notable progress has been made in a comparatively short amount of time; as of November 2023, investments have surpassed Rs 95,000 crore, which is more than 48% of the initial budget of Rs 1.97 lakh … Continue reading Transformative Growth: Unveiling the Impact of India’s Production-Linked Incentive Schemes on Manufacturing and Exports