Industrial Subsidies & PLI
Weekly Roundup
Weekly Brief — Industrial Subsidies & PLI
PM Signals Make in India 3.0 as PLI Disbursements Hit Critical Milestones
This report covers Industrial Subsidies, PLI Schemes, and manufacturing incentives from August 10 to August 17, 2026. Key findings include the launch of high-tech manufacturing pillars for Green-Hydrogen and a ₹26,320 crore investment milestone in specialty steel.
Key Statistics
| ₹26,320 Crore | 70% | 33.33% |
|---|---|---|
| Cumulative Investment in Specialty Steel PLI | IT Hardware 2.0 Incentive Utilization | Revised Agri-Infrastructure Subsidy Rate |
Weekly Executive Summary
- Strategic Shift: Prime Minister Modi announced "Make in India 3.0" on August 15, pivoting industrial incentives toward green-tech (solid-state batteries) and deep-tech robotics.
- Financial Milestones: The Ministry of Electronics (MeitY) confirmed that 70% of PLI 2.0 IT Hardware incentives have been utilized following verified incremental sales.
- Sectoral Expansion: The application window for the Textiles PLI (Part 2) was extended to facilitate MSME entry into the technical textiles segment.
- Infrastructure Boost: Subsidy rates for agricultural and cooperative infrastructure were hiked to 33…
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