Investment will include expenditure incurred on new plant, machinery, equipment and associated utilities, research and development, and transfer of technology relating to the facilities setup for the products.
Centre notifies PLI scheme for component makers of ACs and LED lights
April 17, 2021
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The Scheme shall extend an incentive of 4 per cent to 6 per cent on incremental sales over the base year of goods manufactured in India
The Central government has formally notified the ₹ 6,238 crore- Production Linked Incentive (PLI) Scheme for component makers in the air-conditioners and LED lights segments.
In the AC segment, incentives under the scheme will be provided to companies manufacturing various components which include compressors, copper tubes, aluminium foil, PCB assembly of controllers, BLCD motors, service valves and cross flow fans besides sub-assemblies.
In the LED lights segment, companies making components such as LED Chip Packaging, LED Chips, LED Drivers, LED Engines, packaging, modules, Resisters, ICs, Fuses, wire wound inductors among others, will be eligible to avail benefits under the scheme.