Continued from page 36 - PLI scheme issues and way forward

However Issues persist: (1) Production and export mismatch - increased production has not leading to commensurate export estrangement (2) Informalisation of FPI - more than 34 are informal - leading untraceability PLIs benefit (3) Safety standards - increased Trade barriers are neglect of PSS standards (EU standards) WAY FORWARD: (1) Overhaul of scheme - thereafter careful certification across the value chain (2) Technology upgradation - focusing traceability standards FPI is a sunrise sector, it can transform the Indian economy and a solution of Indian dream of 7 trillion by 2029-30.