New Delhi: The Central government is willing to look at the phased manufacturing (PMP) plan for the AC industry to check the imports and increase local value addition and employment. He was responding to the suggestions made by some CEOs present at the high level DPIIT-FICCI Investor Roundtable on PLI for white goods here.
Jain also mentioned that DPIIT will now ensure that all these investments coming up under the PLI of white gets approvals from the central and state government authorities on fast track so that targets set under the PLI are achieved timely.
He also said that they were 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 the government is fast tracking FDI applications under Press Note 3.
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. The government took immense precautions while drafting the scheme so that there are no impediments to the implementation of the scheme going forward, he said.
Sharing the journey of PLI for white goods, Agrawal said that in almost one year, DPIIT has ensured that the scheme was designed and implemented based on the industry feedback and consensus across the value chain.
In the DPIIT-FICCI Investor Roundtable over one hundred and fifty CEOs and CXOs of the white goods industry participated showcasing the confidence of the investors in PLI. Many of these investors in the 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 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 were located in states like Gujarat, Andhra Pradesh, Goa, Himachal Pradesh, Uttar Pradesh, Uttarakhand, Karnataka, Maharashtra, Telangana, Tamil Nadu, Haryana, Rajasthan and West Bengal. /BI/
