On Monday Union Commerce and Industry Minister Piyush Goyal, ahead of the opening of the three-month window for the production linked incentive (PLI) scheme for white goods, said that the scheme has been introduced to produce national manufacturing champions. During an interaction with the industry, Goyal said that the scheme will reboot Indian manufacturing to create capacity and capability.
India’s growth story will be led by its PLI scheme, stated the minister. He further added that the PLI scheme for white goods will bring cost-competitiveness, quality, efficiency and technology. Through the scheme, he said, India will leverage its competitive and comparative advantage to stake claim in the global supply chains.
