The Production Linked Incentive (PLI) scheme is a government initiative pointed towards boosting domestic manufacturing in specific sectors by providing financial incentives to manufacturers. Under this scheme, eligible companies receive incentives based on the incremental sales of products manufactured domestically. PLI scheme launched to make India realize its potential growth simultaneously creating employment opportunities and promoting the manufacturing sector. As…

India’s desire to arise as a worldwide manufacturing center point lays on its great potential, bountiful assets, and skilful workforce. In order to promote economic growth and development, India is putting itself in a position to embrace advances in technology, draw investments, and boost its industrial sector. Approaches for Development: To make doing business easier, cut down on rules and…