Govt approves PLI scheme for LED lights, air-conditioners
Commerce and Industry Minister Piyush Goyal said that the approval of the scheme for ACs and LEDs will give a boost to domestic manufacturing
Representative image (Unsplash)
New Delhi: The government on Wednesday approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of Rs 6,238 crore.
The proposal was approved in a Union Cabinet meeting, which was chaired by Prime Minister Narendra Modi.
Commerce and Industry Minister Piyush Goyal said that the approval of the scheme for ACs and LEDs will give a boost to domestic manufacturing.
Production-linked incentive scheme aims at boosting domestic manufacturing in the country.
Published: April 7, 2021, 16:07 IST