PLI scheme: Electronics, pharma receive 70% of total disbursements for FY25

The electronics and pharma industry were the biggest beneficiary of the government’s PLI scheme for the previous financial year FY25 cornering around 70% of the of the total fiscal incentive disbursements, according to government data quoted in a PTI report.

PLI scheme, which was introduced in 2021, initially for 14 industries, has been a success in boosting India’s manufacturing prowess.