Indian Manufacturing Policy

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IBM’s planned acquisition of HRL Laboratories could strengthen its quantum computing roadmap by adding silicon-spin qubit technology and expanding its advanced semiconductor research capabilities. Representative image.

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Representative image showing large-scale manufacturing activity in India, reflecting how the Production Linked Incentive Scheme is accelerating localisation, investment, and industrial output across electronics, automobiles, solar, and other strategic sectors.

How India’s Rs 1.91 lakh crore PLI Scheme is structurally reshaping manufacturing across 14 strategic sectors

India’s ₹1.91 lakh crore Production Linked Incentive Scheme shows rising investments, exports, and localisation. Read how it is reshaping manufacturing.

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February 21, 2026