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New Delhi,8th February: pursuance of the Prime Minister’s vision for ‘Atmanirbhar Bharat’, the Union Cabinet chaired by the Prime Minister had approved the PLI Scheme for White Goods (Air Conditioners and LED lights) to be implemented over FY 2021-22
The Commerce and Industry Ministry said applications of specific companies seeking incentives under the production-linked incentive (PLI) scheme for white goods (AC and LED lights) are currently under scrutiny, and there are no delays in disbursement. According to the ministry, 13 foreign-owned companies, including Daikin, Panasonic, Mitsubishi, Hitachi, Nidec, LG, and Met Tube, have pledged to invest Rs 2,090 crore, accounting for approximately 30% of the total committed investments.
Farnell has joined forces with Würth Elektronik (WE), Germany, a leading manufacturer of electronic and electromechanical components, to help design engineers further improve the connectivity and advanced feature sets of ordinary home appliances while still delivering reliability, quiet operation and efficiency.