 "PLI, Product-linked scheme, electronics, manufactuing, consumer durables, air conditioners, white goods, led lights")
The Union Cabinet on Wednesday approved production-linked incentive (PLI) schemes for white goods (air conditioners and LED lights) and high-efficiency solar photovoltaic (PV) modules with a total budgetary outlay of Rs 10,738 crore in a bid to boost domestic manufacturing.
While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore.
“India’s growth story will be led by its flagship PLI scheme, boosting capability of local industry and job growth,” Commerce and Industry Minister Piyush Goyal said. “This means that minimum production in India
