new delhi prime minister narendra modi said on friday that productionlinked incentive pli schemes aimed at boosting domestic manufacturing and exports under the make in india and atmanirbhar bharat programme are expected to increase indias manufacturing output by over half a trillion dollars over the next five years across sectors such as electronics pharmaceuticals automobiles and parts and component ecosystemaddressing a webinar on pli scheme organised by department of industry and international trade dpiit and niti aayog the pm said his government is continuously carrying out reforms to boost domestic manufacturing and global competitiveness for indiamade goods advt in this years budget about rs 2 lakh crore was earmarked for the pli schemes which would be given out over the next five years modi said adding that there is an expectation that the scheme would result in increasing the production by about 520 billionhe also said that the workforce in the sectors that are being given pli benefits is expected to double as production and revenue goes up and fresh investments pour inthe prime minister said the government is working to reduce compliance burden for the companies while making it even easier to do business apart from helping reduce logistics costsmodi said that over the past 67 years several efforts had been made to encourage make in india programme at different levelsthe government he said believes that instead of bureaucratic processes at every step there is a need to have a regime that focuses on selfregulation selfattesting and selfcertificationunderlining the difference between previous manufacturingfocused schemes and the current pli programme the prime minister said that earlier the industrial incentives used to be openended inputbased subsidies but now they have been made targeted and performancebased through a competitive process advt about pli benefits he said 13 sectors have been brought under the ambit of the scheme and it would benefit the entire ecosystem associated with these sectors with pli in auto and pharma there would be very less need for costly imports and there is a similar case in medical equipment and raw materials of medicines also the energy sector would be modernised with the help of advanced cell batteries solar pv modules and specialty steel he said adding that the pli for the textile and food processing sector will benefit the entire agriculture sectorthe prime minister said that the recentlyapproved pli scheme in it hardware and telecom equipment manufacturing will lead to tremendous increase in production and domestic value addition it hardware is estimated to achieve rs 3 lakh crore worth production in four years and domestic value addition is expected to rise from current 510 to 2025 in 5 years he said adding that in a similar fashion telecom equipment manufacturing will witness an increase of about rs 25 lakh crore in the five years we should be in a position to export goods worth rs 2 lakh crore from here the prime minister saidmodi said that even during the pandemic period mobile phones and electronic components sector saw