DISTRICT-WISE ANALYSIS OF UDYAM REGISTRATION IN ANDHRA PRADESH: A CATALYST FOR ENHANCING PRODUCTION LINKED INCENTIVES (PLI) FOR MSMES

The Production Linked Incentive (PLI) scheme is a flagship initiative by the Government of India aimed at fostering domestic manufacturing, reducing import dependency, and boosting the country’s competitiveness in global markets. Launched in 2020, the PLI scheme incentivizes manufacturing companies across key sectors such as electronics, pharmaceuticals, automobiles, textiles, and renewable energy by linking financial rewards to incremental production and sales. The scheme’s objectives include enhancing India’s manufacturing capabilities, attracting foreign direct investment (FDI), creating employment opportunities, and supporting the vision of a self-reliant India (Atmanirbhar Bharat). By offering a financial outlay of ₹1.97 lakh crore (over five years) across 14 sectors, the PLI scheme seeks to address structural challenges, promote innovation, and establish India as a global manufacturing hub. The PLI scheme represents a critical step in reshaping India’s industrial landscape, positioning it as a vital player in the global value chain. This study focuses on a district-wise analysis of Udyam Registration in Andhra Pradesh to assess the penetration of MSME registration and its implications for enhancing PLI schemes.