1. Investment Attraction: The PLI scheme is anticipated to attract $7 billion in investments into the electronics manufacturing sector, significantly enhancing the infrastructure and capabilities of the industry.
  2. Job Creation: The initiative is expected to generate around 91,000 jobs over the next five years, contributing to economic growth and employment opportunities in the manufacturing sector.
  3. Enhancing Global Competitiveness: By bolstering the electronics manufacturing sector, particularly in mobile phone production, the PLI scheme aims to strengthen India’s position in the global electronics market, making it a key player in the supply chain.