: Govt to accept applications for ACs and LED Lights manufacturing under PLI scheme till April 25 #finance #StockMarketNEWS Govt to accept applications for ACs and LED Lights manufacturing under PLI

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Govt to accept applications for ACs and LED Lights manufacturing under PLI scheme till April 25 #finance #StockMarketNEWS
Govt to accept applications for ACs and LED Lights manufacturing under PLI scheme till April 25 New Delhi, April 1 (KNN) The Ministry of Commerce & Industry will be accepting applications for White Goods (ACs and LED Lights) under the PLI scheme till 25th April, 2022.

The application window was reopened on 10th March for 45 days to give second chance to prospective investors to take benefits of the scheme.

In April 2021, the union cabinet had approved the PLI Scheme for White Goods for manufacture of components and sub-assemblies of Air Conditioners (ACs) and LED Lights promoting the vision of Atmanirbhar Bharat.

The aim is to bring manufacturing at the center stage and emphasize its significance in driving India’s growth and creating jobs.

Before the reopening of application window, a total number of 52 companies had filed their application.

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