New Delhi, Sept. 15 -- The government has reopened the production-linked incentive (PLI) scheme for white goods, aiming to boost domestic manufacturing of air conditioners (ACs) and LED lights. The government hopes to attract new players and expects existing beneficiaries to upgrade under the reopened window. Mint unpacks the reasons for this move and why it matters:

The department for promotion of industry and internal trade (DPIIT), under the ministry of commerce & industry has reopened the PLI scheme for white goods-specifically for air conditioners and LED lights-from 15 September to 14 October, as it sees strong industry appetite for further investment. This is the fourth round of applications under the scheme, which was first notif...