India's Manufacturing Output To Get $520 Bn Boost Through PLI: PM

Prime Minister Narendra Modi, while addressing a virtual gathering, said the government will focus on the Production Linked Incentive (PLI) scheme to increase the country's production. PM Modi affirmed that it will boost manufacturing output by USD 520 billion in the next five years. Besides, he stated the government is working to decrease the compliance burden, improve ease-of-doing-businesses, and make logistics affordable for the industry.