New Delhi, Jan. 24 -- Godrej & Boyce, Kirloskar Pneumatic Company,Indo Asia Copper, Pranav Vikas India and Kryon Technology are amongthe five companies selected in the latest round of production-linkedincentive (PLI) scheme for white goods.
The PLI scheme provides incentives ranging fr0m 6% to 4% onincremental sales of products manufactured in the country for a periodof five years, following the base year and a one-year gestationperiod. The scheme is expected to increase domestic value additionfr0m the current 20-25% to 75-80%.
Investment Commitment All the five firms selected provisionally in the current fourth roundof the PLI scheme are engaged in the manufacturing of air conditioner (AC) components. They have together committed an in...
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