PLI Scheme a game changer to lure global firms as India targets long term manufacturing export growth

She says it rewards scale and turns surplus export-ready

Finance Minister Nirmala Sitharaman said India’s PLI scheme is designed to attract global firms by rewarding players with scale while strengthening both the domestic market and exports. Speaking at the M V Kamath Centenary Memorial Lecture, she argued that the government’s economic approach follows consistent short- and medium-term policy set within a long-term vision outlined in the Budget presented on February 1, 2021.