PLI : Production Linked Incentive Scheme
This scheme aims at giving incentives to companies who increase the sales on products manufactured in Domestic units
This might boost companies to increase their production / Sell their products more to get more incentives from the government. Though the companies have mixed opinion on this scheme, definitely a demand oriented companies will welcome this scheme and increase their production
As a cause they may increase their units to produce more, which might push the companies to increase their investors / investments and their revenue would get higher, which increase the job opportunities
A welcome move and waiting to see the rally in Pharma Sectors shortly
Increase in Existing Production + Corona Vaccine Development + PLI Incentive =
Game Changer once again for Pharma Sector
Best Regards,
B G Nareshkumar
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