Modified PLI, export incentives in works for small & medium units

The idea is to significantly enhance the number of medium enterprises in the country, which currently constitutes a miniscule 0.01% of the total MSMEs in India, a senior government official told ET. He said the NITI Aayog is firming up a policy framework in this regard. The policy could cover medium units from sectors including engineering, electrical, chemical and pharmaceuticals.

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