Government working to extend incentives under PLI scheme to more sectors : Piyush Goyal
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/0b6c4bbc6b6ec7f9f1e5e1c9053a38c1.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Commerce and Industry Minister Piyush Goyal has said the government is working to extend incentives under the production linked incentive (PLI) scheme to more sectors. The government has announced PLI schemes for 14 sectors, including white goods, textiles and auto components. He mentioned ‘We came up with PLI for 14 sectors apart from semiconductor... We are willing to go the extra mile in other sectors. We are working on a few PLI schemes already
The objective of the PLI scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost exports and create jobs. He stated there are demands for extending the PLI scheme for sectors like toys, certain electronic components, furniture and bicycles.
Besides, to promote manufacturing, he asked the industry to focus on standards, technology-led manufacturing, skill development, and sustainable development goals. On free trade agreements, he urged the industry to engage with the world and take advantage of these trade pacts as protectionism cannot continue.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/9947b812f3480eb4864958d0544068c9.jpg)
Rss Feed India, UK to continue free trade agreement negotiations till end of August: Commerc...
![Chinese minister says India free to join RCEP trade bloc](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/ff0fc145f9536eb26d6b359c72fbcf51.jpg)
![Hon`ble Union Minister Mr. Piyush Goyal and French Foreign Trade Minister Mr. Olivier Becht Jointly Inaugurate `NAVARATAN` Exhibition at G20 TIMM being held in Jaipur](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/c5e4a38f59983815df3a0b44f6ed1c59.jpg)
![India`s trade deficit falling at rapid pace; exports to see positive growth in coming months: Piyush Goyal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/85f7f60f9a57c05ff713875a3328d716.jpg)