With the government busy fine-tuning the small print of the prospective production-linked incentive (PLI) scheme for air conditioners (ACs) and light-emitting diodes (LEDs), manufacturers have begun to express interest in availing of the new manufacturing scheme for white goods, effective from April 1. The potential benefits of the scheme have led several television (TV) makers to lobby for a PLI for the industry. According to sources, close to half a dozen AC makers have expressed interest in availing of PLI for the sector that is expected to provide significant boost to manufacturers in India.
Leading consumer durables makers like Blue Star,