The Indian government is contemplating the introduction of a production-linked incentive (PLI) scheme to enhance its Make in India initiative, particularly targeting the railway sector. The scheme, likely to be announced in the upcoming Union Budget, aims to promote the manufacturing of crucial railway components that are currently imported. In a move to boost local production, the government plans to provide incentives ranging from 5-10% for products such as wheels, axles, and braking systems, which play a vital role in modern train sets like the Vande Bharat and green trains that operate on alternative fuels such as hydrogen. The proposed scheme is set to span three years with an allocated incentive pool of ₹1,000-1,500 crore. This initiative, as reported by Mint's Subhash Narayan, is designed to strengthen the rail component industry in India, making it more resilient and competitive. By aligning with the Make in India campaign, the government aims to foster self-sufficiency and enhance domestic production capabilities in the railway sector, paving the way for a more robust industry landscape.