Voltas, Lumax, UNO Minda among 18 firms selected under PLI scheme for whitegoods

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As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of 2,299 crore, have been selected to avail benefits under the production-linked incentive (PLI) scheme for the white goods sector, an official said on Monday.

In October last year, 38 companies had filed applications with proposed investments of 4,121 crore under the scheme in the third round.

“In the third round of the online application window of the PLI scheme , a total of 38 applications were received. After reviewing these…



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Voltas, Lumax, UNO Minda among 18 firms selected under PLI scheme for whitegoods



As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of 2,299 crore, have been selected to avail benefits under the production-linked incentive (PLI) scheme for the white goods sector, an official said on Monday.

In October last year, 38 companies had filed applications with proposed investments of 4,121 crore under the scheme in the third round.

“In the third round of the online application window of the PLI scheme , a total of 38 applications were received. After reviewing these…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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