‘PLI will allow AC sector to compete globally’
The Hindu
Firms see 3-fold jump in value added
The production linked incentive (PLI) scheme approved by the Centre earlier this week would help provide a level-playing field to domestic players and create an enabling environment for the industry to compete globally, leading manufacturers said.
Firms would get an opportunity to make high-quality products on par with global counterparts, said industry players such as Daikin, Blue Star and Panasonic.
On Wednesday, the government had saidfor the white goods sector. The selected applicants include 26 for air-conditioner manufacturing with a committed investment of ₹3,898 crore.
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