Voltas, Daikin, and Orient among 38 white goods PLI scheme bidders

Quick Summary:

The outlay of the scheme is Rs 6,238 crore.

The first round of application was invited in 2021, followed by the second round a year later as the entire allocated fund was not utilised.

However, an applicant approved in the proposed third round would be eligible for PLI for a maximum three years only in the case of new applicants.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Electronics Air conditioner Manufacturing PLI scheme

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 00:46:10 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23052512

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #49

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