The Production Linked Incentive (PLI) scheme was launched in 2020, with the goal to strengthen India's manufacturing capabilities by offering financial incentives. It initially covered three sectors but was gradually expanded to now include 14 sectors. Sectors include automobilies and auto components, speciality steel, high-efficiency solar PV modules, and advanced chemistry cell batteries.

The PLI for solar PV modules aims to establish nearly 48 GW of manufacturing capacity, reduce import dependence, and strengthen domestic supply chains.
The PBL for batteries aims to support domestic production of electric vehicles, including buses and trucks.