Govt reopens application window for ACs and LED lights under PLI scheme

PTI New Delhi

The government has reopened the application window for the PLI (production-linked incentive) scheme for white goods (ACs and LED Lights) for 30 days, according to an official statement released on Sunday. The window will remain open from September 15 to October 14. 

"The application window for the PLI Scheme for White Goods is being reopened based on the appetite of the industry to invest more under the scheme," the commerce and industry ministry said. No application will be accepted after the closure of the application window.

In order to avoid any discrimination, it said, both new applicants and existing beneficiaries of the scheme who propose to invest more by way of switching over to a higher target segment or their group companies applying under a different target segment would be eligible to apply, subject to certain conditions.

Applicants will only be eligible for incentives for the remainder of the scheme's tenure. The applicant approved in the proposed fourth round would be eligible for PLI for a maximum of two years only in the case of new applicants and beneficiaries opting for GP-2 (gestation period), seeking to move to a higher investment category.