Cumulative incentive amount of Rs 21,534 crore have been disbursed as on June 24, 2025 under the PLI scheme for 12 sectors including large scale
electronics manufacturing, IT hardware and bulk drugs. As on date, 806 applications have been approved under PLI schemes across 14 sectors.The production of mobiles in value terms has increased almost 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.
Under the PLI scheme for medical devices, 21 projects have started manufacturing 54 unique medical devices.
The pharmaceuticals sector has witnessed cumulative sales of Rs 2.66 lakh crore which includes exports of Rs 1.7 lakh crore achieved in the first three years of the scheme. The scheme has contributed to India becoming a net exporter of bulk drugs (Rs 2,280 crore) from a net importer of Rs 1,930 crore.“A number of foreign companies have established or expanded their operations in India under the PLI scheme. For example, Apple, a global smartphone company, has shifted its suppliers to India viz. Foxconn, Wistron and Pegatron,” the commerce and industry ministry said.
UAE FTA
India-UAE bilateral trade has risen to $100.06 billion in FY25 from $72.87 billion in FY22 since the signing of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) on February 18, 2022 and came into force on May 1, 2022, the ministry said.
India’s merchandise exports to UAE have grown to $36.63 billion in 2024-25 from $28.04 billion in 2021-22, exhibiting a growth of 7%. Key sectors that have seen increase in exports from India since CEPA came into force are engineering goods, gems & jewellery, agricultural products, marine products, pharma and electronics. The CEPA between India and the UAE covers almost all tariff lines of India (11,908) and the UAE (7,581), respectively.
India benefits from preferential market access provided by the UAE on over 97% of its tariff lines which account for 99% of India’s exports to the emirates.
Tobacco
Customs Field Formations and Directorate of Revenue Intelligence
have seized around 3.93 crore sticks of cigarettes in the current financial year upto June, 2025 and 61 cases of Guthka/Chewing Tobacco/Cigarettes/ Pan Masala involving tax amounting to Rs 104.38 crore approximately have been detected, Lok Sabha was informed.
