The application window for the scheme will be open from July 15 to October 12.
So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme.
Daikin, Voltas, Hindalco, Amber, PG Technoplast, Epac, Metube, LG, Blue Star, Johnson Hitachi, Panasonic, Haier, Midea, Havells and Lucas are among the companies manufacturing AC components.
Avneet Singh Marwah, CEO, Super Plastronics Pvt Ltd (SPPL), told IANS that expanding the PLI schemes to include smart TVs, ACs, refrigerators and washing machines is "to promote broader market growth and enhance manufacturing capabilities." Is necessary".
“India's contribution of $3.7 trillion to the global economy, with the largest population of young persons within the total $100 trillion, presents substantial untapped potential. To unlock this potential, it is important for the government to boost local production It is important to encourage giving and consumption,” he added.
The Cabinet had approved the PLI scheme for white goods for manufacturing components and sub-assemblies of ACs and LED lights in 2021. The scheme is to be implemented over a period of seven years from FY 2021-22 to FY 2028. -29 and its outlay is Rs. 6,238 crores.
Companies like Dixon, RK Lighting, Crompton Greaves, Stove Craft, Chenfeng, Looker and Fulham etc. have invested in the manufacturing of components for LED lights.
So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme.
Daikin, Voltas, Hindalco, Amber, PG Technoplast, Epac, Metube, LG, Blue Star, Johnson Hitachi, Panasonic, Haier, Midea, Havells and Lucas are among the companies manufacturing AC components.
Avneet Singh Marwah, CEO, Super Plastronics Pvt Ltd (SPPL), told IANS that expanding the PLI schemes to include smart TVs, ACs, refrigerators and washing machines is "to promote broader market growth and enhance manufacturing capabilities." Is necessary".
“India's contribution of $3.7 trillion to the global economy, with the largest population of young persons within the total $100 trillion, presents substantial untapped potential. To unlock this potential, it is important for the government to boost local production It is important to encourage giving and consumption,” he added.
The Cabinet had approved the PLI scheme for white goods for manufacturing components and sub-assemblies of ACs and LED lights in 2021. The scheme is to be implemented over a period of seven years from FY 2021-22 to FY 2028. -29 and its outlay is Rs. 6,238 crores.
Companies like Dixon, RK Lighting, Crompton Greaves, Stove Craft, Chenfeng, Looker and Fulham etc. have invested in the manufacturing of components for LED lights.
