Govt to reopen application window for PLI scheme for ACs, LED lights

The government on Monday said it will reopen the application window for the PLI scheme for white goods, including ACs and LED lights, for 90 days from July 15.

The industry has an appetite to invest more under the production linked incentive (PLI) scheme, the commerce and industry ministry said.

The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window.

In order to avoid any discrimination, both new applicants as well as existing beneficiaries of the scheme who propose to invest more by way of switching over to higher target segment, would be eligible to apply.

So far, 66 applicants with committed investment of Rs 6,962 crore have been selected as beneficiaries under the PLI scheme.

Under the guidelines of the scheme, applicants shall only be eligible for incentives for the remainder of the scheme's tenure.

"The applicant approved in the proposed third round would be eligible for PLI for maxim