Make in India Turns 12 as PLI Investment Hits INR 2.40 Lakh Cr
India marks 12 years of Make in India as PLI schemes draw INR 2.40 lakh crore in investment.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
The Government of India marked 12 years of the Make in India initiative on September 25, 2026, with Prime Minister Narendra Modi highlighting expanded manufacturing, investment and exports, calling it “more made in India, more investment in India and more exports from India.”
Official data through March 31, 2026, shows Production Linked Incentive (PLI) schemes have generated approximately INR 2.40 lakh crore in actual investment, resulting in production and sales worth about INR 23.8 lakh crore and exports of roughly INR 15.2 lakh crore, while creating over 14.6 lakh direct and indirect jobs. The schemes span 14 sectors, including electronics, pharmaceuticals, automobiles, solar PV modules, speciality steel and textiles.
Electronics has seen significant growth over the 12-year period, with overall production rising from nearly INR 1.9 lakh crore in FY2014-15 to an estimated INR 13.11 lakh crore in FY2025-26. Mobile phone manufacturing alone grew from about INR 18,000 crore to INR 6.27 lakh crore over the same period.
Commerce and Industry Minister Piyush Goyal said India recorded its highest-ever annual FDI inflow of $94.53 billion in FY2025-26, with cumulative FDI inflows between FY2014-15 and FY2025-26 reaching $843 billion. Make in India has since expanded under Make in India 2.0 to cover 27 sectors, spanning 15 in manufacturing and 12 in services.
“It is the confidence it has created. The confidence among our startup founders, entrepreneurs, manufacturers, innovators, exporters and, most importantly, our people that ‘India can make, India can innovate, and India can compete with the world,'” said Piyush Goyal, Commerce and Industry Minister.
The Government of India marked 12 years of the Make in India initiative on September 25, 2026, with Prime Minister Narendra Modi highlighting expanded manufacturing, investment and exports, calling it “more made in India, more investment in India and more exports from India.”
Official data through March 31, 2026, shows Production Linked Incentive (PLI) schemes have generated approximately INR 2.40 lakh crore in actual investment, resulting in production and sales worth about INR 23.8 lakh crore and exports of roughly INR 15.2 lakh crore, while creating over 14.6 lakh direct and indirect jobs. The schemes span 14 sectors, including electronics, pharmaceuticals, automobiles, solar PV modules, speciality steel and textiles.
Electronics has seen significant growth over the 12-year period, with overall production rising from nearly INR 1.9 lakh crore in FY2014-15 to an estimated INR 13.11 lakh crore in FY2025-26. Mobile phone manufacturing alone grew from about INR 18,000 crore to INR 6.27 lakh crore over the same period.
Commerce and Industry Minister Piyush Goyal said India recorded its highest-ever annual FDI inflow of $94.53 billion in FY2025-26, with cumulative FDI inflows between FY2014-15 and FY2025-26 reaching $843 billion. Make in India has since expanded under Make in India 2.0 to cover 27 sectors, spanning 15 in manufacturing and 12 in services.
“It is the confidence it has created. The confidence among our startup founders, entrepreneurs, manufacturers, innovators, exporters and, most importantly, our people that ‘India can make, India can innovate, and India can compete with the world,'” said Piyush Goyal, Commerce and Industry Minister.
