PLI SCHEMES CAN
TRANSFORM INDIA INTO A
MANUFACTURING
POWERHOUSE
PLI SCHEMES CAN
TRANSFORM INDIA INTO A
MANUFACTURING
POWERHOUSE
Source: Government of India, Jefferies Report; *Production Linked Incentive (PLI)
We have already seen the benefits flowing in Mobile phone exports from India and Government intends to grow the production across many such categories
We have already seen the benefits flowing in Mobile phone exports from India and Government intends to grow the production across many such categories
China plus 1
In a survey conducted by Bernstein Research, companies were asked where they would shift their manufacturing from China.
India has witnessed increased interest as a manufacturing destination over the last 2 years; a clear sign that Government’s efforts are yielding results
Factors driving growth
Government support in form of PLI to various sectors
Aggressive investments by Indian companies to capture opportunities of China+1 and Europe+1
Energy crisis
in Europe
Diversification of supply chain by global players away from China
Factors driving growth
Government support in form of PLI to various sectors
Aggressive investments by Indian companies to capture opportunities of China+1 and Europe+1
Energy crisis
in Europe
Diversification of supply chain by global players away from China
Beneficiaries
Industrial component suppliers
Electronic manufacturing
services companies
CRAMS / CDMO*
Specialty chemical companies
Successful PLI applicants
Source: Union AMC Internal Research
*Contract Research & Manufacturing Services (CRAMS) / Contract Development and Manufacturing Organization (CDMO)
Beneficiaries
Industrial component suppliers
Electronic manufacturing
services companies
CRAMS / CDMO*
Specialty chemical companies
Successful PLI applicants
Source: Union AMC Internal Research
*Contract Research & Manufacturing Services (CRAMS) / Contract Development and Manufacturing Organization (CDMO)