Cumulative incentive quantity of Rs 21,534 crore have been disbursed as on June 24, 2025 underneath the PLI scheme for 12 sectors together with massive scale
electronics manufacturing, IT {hardware} and bulk medicine. As on date, 806 functions have been accredited underneath PLI schemes throughout 14 sectors.The manufacturing of mobiles in worth phrases has elevated nearly 146% to Rs
5.25 lakh crore in 2024-25 from Rs 2.13 lakh crore and their exports rose 775% to Rs 2 lakh crore in FY25 from Rs 22,870 crore in 2020-21.
Below the PLI scheme for medical units, 21 initiatives have began manufacturing 54 distinctive medical units.
The prescription drugs sector has witnessed cumulative gross sales of Rs 2.66 lakh crore which incorporates exports of Rs 1.7 lakh crore achieved within the first three years of the scheme. The scheme has contributed to India changing into a internet exporter of bulk medicine (Rs 2,280 crore) from a internet importer of Rs 1,930 crore.“Numerous international corporations have established or expanded their operations in India underneath the PLI scheme. For instance, Apple, a world smartphone firm, has shifted its suppliers to India viz. Foxconn, Wistron and Pegatron,” the commerce and trade ministry stated.
UAE FTA
India-UAE bilateral commerce has risen to $100.06 billion in FY25 from $72.87 billion in FY22 for the reason that signing of the India-UAE Complete Financial Partnership Settlement (CEPA) on February 18, 2022 and got here into power on Might 1, 2022, the ministry stated.
India's merchandise exports to UAE have grown to $36.63 billion in 2024-25 from $28.04 billion in 2021-22, exhibiting a development of seven%. Key sectors which have seen enhance in exports from India since CEPA got here into power are engineering items, gems & jewelry, agricultural merchandise, marine merchandise, pharma and electronics. The CEPA between India and the UAE covers nearly all tariff traces of India (11,908) and the UAE (7,581), respectively.
India advantages from preferential market entry supplied by the UAE on over 97% of its tariff traces which account for 99% of India's exports to the emirates.
Tobacco
Customs Area Formations and Directorate of Income Intelligence
have seized round 3.93 crore sticks of cigarettes within the present monetary 12 months upto June, 2025 and 61 instances of Guthka/Chewing Tobacco/Cigarettes/ Pan Masala involving tax amounting to Rs 104.38 crore roughly have been detected, Lok Sabha was knowledgeable.
