The government's ambitious target of generating over 6 million jobs in five years from the production linked incentive (PLI) scheme will hinge on five of the 14 specified sectors reaching the magic numbers.
The five sectors are textiles, speciality steels, white goods such ACs and LED TVs, autos and auto components and high-tech mobile device manufacturing.
Based on the commitments made by the companies (on which the government has based its targets), these five sectors will account for 53 per cent of the jobs that need to be generated through direct and indirect employment.
More importantly, mobile device manufacturing alone, with 200,000 direct jobs and 600,000 indirect jobs, will account for over 13 per cent of all the jobs generated from PLI, the highest of all the sectors.
This story is from the February 07, 2022 edition of Business Standard.
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This story is from the February 07, 2022 edition of Business Standard.
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