India’s PLI schemes draw ₹2.4 lakh crore investment; incentives reach ₹35,354 crore
As of March 31, 2026, India’s production-linked incentive schemes across 14 sectors had approved 892 applications, generated over 14.15 lakh jobs and supported domestic manufacturing—potentially improving sourcing resilience and reducing import dependence for retailers.
India’s PLI schemes across 14 sectors have attracted over ₹2.4 lakh crore in investment and disbursed ₹35,354 crore in incentives, strengthening domestic supply chains, including pharmaceuticals, with implications for retail sourcing and import dependence.
Why this matters
The update follows signals on 1991 liberalisation flagging multi-brand retail FDI as unfinished reform and India’s WTO defence of tariffs and quality controls, together highlighting local manufacturing and trade policy.
Retail-company is accelerating, up +1089200% QoQ.