Goyal stressed on preparing a roadmap for the next five years both on investment and disbursement.
“Cumulative incentive amount of Rs 21,534 crore has been disbursed under PLI schemes for 12 sectors,” the commerce and industry ministry said in a statement.
These include Large-Scale Electronics Manufacturing (LSEM), IT Hardware, Bulk Drugs, Medical Devices, Pharmaceuticals, Telecom & Networking Products, Food Processing, White Goods, Automobiles & Auto components, Specialty Steel, Textiles and Drones & Drone Components.
“India must focus on the sectors in which India has competitive edge over other countries and address the problems faced by the various stakeholders so that country’s exports can grow,” the commerce and industry ministry said in a statement quoting Goyal.
Sectoral performance
Pharmaceutical drugs witnessed cumulative sales of Rs 2.66 lakh crore which includes exports of Rs 1.70 lakh crore achieved in the first three years of the scheme. Export sales of eligible products under the scheme for FY25 was Rs 0.67 lakh crore, which is approximately 27% of total pharma exports of the country during the same period.“40% of total investment (Rs 37,306 crore) amounting to Rs 15,102 crore has been undertaken by the approved companies under Research & Development for eligible products under the scheme,” the ministry said.The overall domestic value addition in the sector has been 83.7% as on March 2025.
In bulk drugs, India has become a net exporter at Rs 2,280 crore from being a net importer of Rs 1,930 crore in FY22.
As per the statement, the PLI scheme for food products has reported investments worth Rs 9,032 crore which has resulted in sales of Rs 3.8 lakh crore and employment of 3.4 lakh.
“By mandating the use of domestically grown agricultural products (excluding additives, flavors, and edible oils) in the manufacturing process, the scheme has substantially increased local raw material procurement, benefiting underdeveloped and rural areas while supporting farmers’ incomes,” it said.
Under the PLI scheme, a significant proportion of beneficiaries are MSMEs, with 70 MSMEs directly enrolled and 40 others contributing as contract manufacturers for larger companies.
The sales of value-added marine products increased at CAGR of 22% during the PLI period.
“With the launch of PLI Millet Scheme, the Sales of Millet Based Products increased 25 times in FY25 over FY21,” it said, adding that the procurement of millets by the PLI beneficiaries has increased to 16,130 MT in FY25 from 4,081 MT in FY23.
In textiles space, the exports of Indian man-made fibre textiles reached $6 billion in 2024-25 as against $5.7 billion in the previous fiscal. The overall exports of technical textilesfrom India reached $3.3 billionin FY25 as against $2.9 billionduring 2023-24, according to the statement.
