How PLI Scheme For White Goods Is Helping India’s Air Conditioning Sector Move Towards Domestic Self-Sufficiency
For a long time, India’s air-conditioning sector remained highly reliant on external imports for both critical components and for fully-assembled air conditioners. These fully-assembled air conditioners were imported and directly sold to customers, implying no value-addition in India. However, with the right policy changes, the Indian air-conditioning sector is moving towards self-sufficiency in the sector….
