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Kamal Nandi, President CEAMA on extension of PLI scheme

“This is a welcome announcement by the hon’ble Finance Minister. As the sector is recovering from the impact of pandemic, the additional year will provide relief to the industry. The companies which were not able to achieve targets will be benefitted. This will go a long way in boosting indigenous manufacturing in various sectors including consumer durables / white goods. This in turn will aid in creating more job opportunities in the country and will also put an upward thrust on the economy by bringing in large-scale manufacturing to India. The Production Incentive Scheme (PLI) will assist in the necessary boost to the ‘Make in India’ initiative and support India into becoming a manufacturing hub.” TVJ Bureau

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