An official announcement on Monday revealed that 18 companies have been selected for the benefits under the production-linked incentive (PLI) scheme for the white goods sector. Voltas, MIRC, Lumax, and UNO Minda have been selected with a committed investment of 2,299 crores.
Also Read: PM Cares Spent 346 Cr On Orphaned Kids During Covid, Audit Reveals
In Oct 2024, 38 companies had filed applications with proposed investments of Rs 4,121 crore under the scheme in the third round. According to the ministry, Voltas Components has committed to invest Rs 257 crore to manufacture compressors. With a Rs 51.5-crore investment, MIRC Electronics has proposed to make AC products like motors.
Prime Minister Narendra Modi will launch 246 tribal development projects worth Rs 3,000 crore during…
A report alleges China is increasingly detaining foreign nationals under RSDL to pressure governments, raising…
Karnataka Chief Minister DK Shivakumar highlighted the need for cooperation with the Centre on development…
Four earthquakes struck Jammu and Kashmir within 12 hours, with the Doda-Kishtwar belt recording tremors…
Prime Minister Narendra Modi reviewed major development projects, including Dholera SIR, Sabarmati Ashram redevelopment.
Students at Pashkala Sangeet Kendra shared views on creativity, screen habits and music’s role in…