Cabinet okays rRs.r10,738 crore PLI scheme for solar modules, white goods
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India, April 8 -- The cabinet on Wednesday approved Rs.10,738 crore production-linked incentive (PLI) schemes for solar modules and white goods as part of the overall Rs.1.97 lakh crore PLI series under the government's plan to make India a global manufacturing hub.
While Rs.4,500 crore was allocated for manufacturing of high-efficiency solar modules, a Rs.6,238 crore outlay was approved for white goods -- air conditioners and LED lights. The Union budget on February 1 committed Rs.1.97 lakh crore under PLI schemes for 13 key sectors.
The PLI series is an effort of the Narendra Modi government to synergise India's resources to make it an international manufacturing destination and an important part of the global supply chain, commerce a...
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