Industry captains are pressing for multi-year extensions of Production Linked Incentive (PLI) schemes in consumer durables, white goods, and IT hardware during Budget 2026 consultations, projecting an additional Rs 20,000 crore outlay to sustain manufacturing investments exceeding Rs 1.5 lakh crore already committed by firms like Dixon, Amber, and Lloyds. These incentives, offering 4-6% payouts on incremental sales, have catalyzed local value addition from 20% to over 50% in key segments, created 2 lakh direct jobs, and positioned MSMEs as critical Tier-2 suppliers, with calls for simplified compliance, faster disbursals, and inclusion of food processing appliances to counter Chinese dumping and capture global export shares amid supply chain diversification.
PLI Scheme Extensions Sought for Consumer Durables and Electronics MSMEs
