Laminate industry approaches NITI Aayog, DPIIT for inclusion in PLI scheme

Providing benefits to the laminate sector will not only cement its position in the world market, but also expand its horizon to newer shores

The Rs 8,000-crore laminate industry has approached the NITI Aayog and the Department for Promotion of Industry and Internal Trade (DPIIT) for its inclusion in the the Production Linked Incentive (PLI) scheme.  

In a representation to the government think tank and the DPIIT, laminate manufacturers said they are one sector where India is at the forefront, but pressures from countries such as China present the need to maintain aggressive export pricing without compromising much on margins.

The representation made by the Indian Laminate Manufacturers' Association (ILMA) said the PLI Scheme has announced practical but attractive benefits for the manufacturing sector