TV makers jump on PLI bandwagon as more AC companies evince interest

Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape in the country

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,