PLI for white goods: take risks, innovate and go global, said Secretary of the DPIIT

PLI for white goods: take risks, innovate and go global, said Secretary of the DPIIT

Nineteen companies have submitted applications with the proposed investment of 1,548 crore RS to utilize benefits under the production scheme related to production (PLI) for white goods (ACS, and LED lights) after the government in March re -opened the application window, trade and The Ministry of Industry said the Ministry of Industry, Trade and the Ministry of Industry said that again, trade trade and industrial industry, industrial trade. on April 27.

In an interview with CNBC TV-18, Anil Agrawal, an additional secretary of the department for the promotion of industry and internal trade (DPIIT), included the goal for the domestic industry and how the government helped take risks and become global.

The government has brought enabler. What can the industry do now? What will you recommend?

In the last two years, one of the fundamental transformations, in the mindset of the Indian industry is the Can-Do approach. India has emerged as a confident country after successfully managing Pandemi Covid. Industry currently sees enormous global opportunities.

Industry needs to take risks. Need to think globally and need to innovate continuously not only for the Indian market but for the global market. The industry needs to continue to develop its own standards. Many changes in mindset have been seen by me to the extent that the Indian industry leaders are noted today.

The PLI scheme is a fiscal intervention by the government. What are the unlikely that non-fiscal interventions will be carried out by the government for the next few years for the ease of doing business?

In the air conditioning system, one of the interventions is that we stop importing air conditioners with gas. One step reduced our import bill by 80 percent. PLI is not applied separately.

We see overall industrial growth and with continuous interaction with different comprehensive steps to support growth. Today the focus is in India. We try to develop component ecosystems in India to not only support AC and LEDs but all related products. We take all steps to support the local industry.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top