1、 0 PRODUCTION LINKED INCENTIVE SCHEMES 1 TABLE OF CONTENTS 1. Introduction . 2 2. Production Linked Incentive (PLI) Scheme . 4 3. Large-Scale Electronics Manufacturing: A PLI Success Story . 5 4. Sectoral Boost Provided by Government of India . 6 5. White Goods: Air Conditioners and LED Lights . 7 A
2、. Brief about the Sector . 7 B. Market Opportunity . 8 C. Growth Drivers . 10 D. Key Trends . 11 E. Key Clusters for AC Manufacturing and LED Lights . 12 F. Policies and Government Initiatives . 14 G. Details about the PLI Scheme . 15 6. Conclusion . 22 References . 23 Contributors . 25 PRODUCTION L
3、INKED INCENTIVE SCHEMES 2 1. IntroductionIndia, the worlds largest democracy as well as one of its biggest economies, has been on an upward growth trajectory over the recent decades. Our consistent growth rates have also been among the highest in the world and have attracted some of the most promine
4、nt foreign companies and investors. Growing economic clout has contributed to a widespread global consensus about a larger role and place for India, both in economic and geopolitical terms. While Indias service industry has time and again demonstrated its strength and innovation, the nations domesti
5、c manufacturing has been somewhat unable to keep pace. The rapidly changing dynamics of the 21st century global economy have impacted several countries including India, due to which, there have been increasing calls for India to strengthen its domestic manufacturing capacities if it were to acquire
6、a significant place in the global value chains. To this end, the Government of India has been proactively implementing policies to promote domestic industries, the most concrete instance of which took the form of the “AatmaNirbhar Bharat Abhiyan” (Self-Reliant India), launched by Prime Minister Nare