PLI scheme boosts momentum for global firms entering India: Sunil Bharti Mittal

The Centre's schemes like Production-Linked Incentive (PLI) are creating huge momentum in the manufacturing sector not only in India but among global companies entering the country, according to Sunil Mittal, Founder and Chairperson of Bharti Enterprises Ltd.

- TBG NETWORK

"Our government is pushing manufacturing. The PLI scheme is creating tremendous momentum in not only India but also in global corporations coming to India for manufacturing. In this term of the government, you will see semiconductors becoming a reality," Mittal said on the sidelines of the NDTV World Summit 2024 on Monday.

Mittal, Chairperson of Bharti Enterprises, emphasized the global expansion of Indian businesses and the country's rising economic influence during his address at the Summit. Highlighting the efforts to take Indian brands to the global stage he praised the country's growing capabilities in manufacturing and exports. Electronics, hardware manufacturing and software are some of the strongholds that India has in terms of manufacturing, he said. "We have to showcase the Indian culture, the Indian ethos, India's commitment, and that's what I am currently focused on - expanding Airtel and all Bharti Enterprises into global markets.