PLI Schemes to Boost Revenue of 720 Cos by $459 Bn Over Next 5 Yrs
The Free Press Journal - Indore|January 04, 2025
The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.
ANI

The schemes aim to enhance manufacturing capabilities, reduce imports, boost exports, and create employment across various sectors.

It said, "Over 720 companies could drive incremental revenue of USD 459bn over 5-6 years."

The report data highlighted that in the energy transition segment, three projects in Advanced Chemistry Cell (ACC) batteries are set to achieve USD 24.7 billion in revenue with USD 2.3 billion in incentives, representing a 9.2 per cent incentive-to-revenue ratio.

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