PLI scheme: Govt reopens application window for AC and LED lights

The government on Monday said it has reopened the application window for its Rs 6,238-crore production-linked incentive (PLI) scheme for air-conditioners (ACs) and LED lights with an aim to accommodate more players as several firms have expressed interest for the initiative.

Already 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore, have been provisionally selected as beneficiaries under the PLI scheme for the white goods sector (AC and LED lights).

The commerce and industry ministry, in a statement, said the application window for the scheme will now again open from March 10 to April 25 this year. No application will be accepted after the closure of this window.