Production-linked incentive: Govt may reopen PLI scheme for air-conditioners and LED bulbs

Dated: 
3 March, 2022
Production-linked-incentive

The government is considering a proposal to reopen the application window for the Rs 6,238-crore production-linked incentive (PLI) scheme for air-conditioners (ACs) and LED bulbs to accommodate more players in response to unusual interest displayed by this industry.

Alternatively, it may explore the option of opening up the scheme to producers of other white goods outside the ambit of the programme.

“A final decision on the issue will be taken soon,” Anil Agarwal, additional secretary in the department for the promotion of industry and internal trade (DPIIT), told FE. He conceded that within the proposed budgetary outlay for the scheme, there is scope to incentivise more investments than what has been pledged by the 42 companies already selected by the DPIIT.

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