Investments via PLI schemes top priority: Nirmala Sitharaman

India’s production-linked incentive (PLI) schemes, designed to encourage investment in the country, are being extended to new sectors including semiconductors and solar components, according to finance minister Nirmala Sitharaman. Speaking at a business conference in Tokyo, Sitharaman promoted India as an attractive location for foreign investment due to relaxed restrictions and a commitment to meeting targets for renewable energy and environmental goals.