Industrial Subsidies & PLI
Weekly Roundup
Weekly Brief — Industrial Subsidies & PLI
PLI for Seafood Proposed as India-Oman CEPA Boosts Engineering Exports
This report covers Industrial Subsidies and Manufacturing Incentives, from June 01, 2026 to June 08, 2026. Findings highlight the expansion of trade gateways for PLI-backed exports and a potential new incentive framework for the seafood sector.
Key Statistics
| ₹43,633 Crore | ₹22,750 Crore | 165 |
|---|---|---|
| Major Subsidy Expenditure (April 2026) | Cumulative Solar Subsidies Dispersed | Approved Food Processing Applications |
Weekly Executive Summary
- India-Oman CEPA Implementation: The Comprehensive Economic Partnership Agreement (CEPA) entered into force on June 1, granting 99.38% of Indian exports zero-duty access to Oman, specifically benefiting electronics and engineering manufacturers under the PLI framework.
- Seafood PLI Deliberations: A national workshop in Visakhapatnam (June 5-6) formally explored the creation of a Production Linked Incentive (PLI) framework for the seafood sector to achieve a ₹1 lakh crore export target.
- Solar Incentive Surge: Union Minister Pralhad Joshi confirmed that May 2026 was the strongest month for PM Surya Ghar, with ₹2,743 crore …
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