HomeNewsGovt can consider PMP for AC industry: Jain

Govt can consider PMP for AC industry: Jain

The government is willing to look at extending a phased manufacturing plan (PMP) for the AC industry to check imports and increase local value addition and employment, Shri Anurag Jain, Secretary, DPIIT has said. He was speaking at the high level DPIIT-FICCI Investor Roundtable on PLI. He was responding to the suggestions made by some of the CEOs present in the roundtable to come out with the PMP for the AC industry.

Jain also mentioned that DPIIT will now ensure that all these investments coming up under the PLI of White Goods get approvals from the central and state government authorities on fast track so that targets set under the PLI are achieved timely.

According to Jain, the government is in the process of fast tracking the National Single Window Clearance System aimed at Ease of Doing Business where all applications can be filed and tracked online. He also said that Government is fast tracking FDI applications under Press note 3.

Shri Anil Agrawal, Additional Secretary, DPIIT, while appreciating the efforts of the FICCI Electronics and White Goods Committee, said that the industry response to PLI for white goods has been overwhelming. In the DPIIT-FICCI Investor Roundtable over one hundred and fifty CEOs/CXOs of the white goods industry participated showcasing the confidence of the investors in PLI. Many of these investors in component value chain are new ventures from the Small and medium sector who would now supply to the OEMs and integrate with the Global value chains, noted Shri Anil Agrawal.

He further elaborated that the impact of the scheme has been tremendous as manufacturing units in over 50 locations across India are coming up or will benefit from the PLI scheme of white goods in the component chain of AC and LED. Agrawal said that these units are located in States like Gujarat, Andhra Pradesh, Goa, Himachal Pradesh, Uttar Pradesh, Uttarakhand, Karnataka, Maharashtra, Telangana, Tamil Nadu, Haryana Rajasthan and West Bengal.

Subscribe to our newsletter

To be updated with all the latest news from Sawdust




latest news