Representatives from Dell, Foxconn, Nokia, sienna helathcare, biocon, Cipla, Tata motors, Mahindra & Mahindra, Samsung, ITC, Dabur and Tata Steel, among others attended the meeting besides Niti Aayog and various line ministries.
“Companies raised policy related issues and technical problems which the various departments clarified. Various line ministries were asked to resolve the issues of the beneficiaries of the scheme. The government will take them up at the appropriate levels,” said an official.
More than 150 people attended the meeting and there were five beneficiaries from each of the PLI scheme sectors.
The government took feedback from industry and other government departments on the challenges being faced by PLI beneficiaries.
“The next meeting is likely next quarter, in September end,” the official added.While large scale electronics, telecom, pharmaceuticals, food processing, white goods, and auto and auto components have picked up, High Efficiency Solar PV Modules, Advance Chemistry Cell (ACC) Battery, Textile Products, and Specialty steel are lagging behind.As per the Department for Promotion of Industry and Internal Trade (DPIIT), the government has paid Rs 2,874 crore to beneficiaries in eight sectors.
The five project-monitoring agencies (PMAs) — Industrial Finance Corporation of India (IFCI), Small Industries Development Bank of India (Sidbi), Metallurgical and Engineering Consultants (MECON), Indian Renewable Energy Development Agency (IREDA), and Solar Energy Corporation of India (SECI) and various industry associations and export promotion councils also participated.
The Centre has allocated Rs 1.97 lakh crore for the 14 sectors, including telecom, textile, automobile, white goods, and pharmaceutical drugs.