The PLI scheme is beginning to make India a manufacturing powerhouse

Never in my long career have I been so amazed to see the remarkably enabling environment being provided by policymakers to the Indian industry to enhance manufacturing value-add in the country. PLI schemes are the cornerstone of the government’s efforts to make India a global manufacturing powerhouse – both by augmenting the capabilities of Indian companies and attracting global companies to set up mother plants in India. As chairperson of the Steering Committee for Advancing Local Value-Add and Exports (Scale) committee, I have an opportunity to interact with industry in many of the PLI sectors directly, and I can confidently say that PLI is making a huge difference.