Appliances industry seeks second round of PLI, tax rationalisation to boost competitiveness

CEAMA has urged the government for a second round of the PLI scheme, focusing on high-value components like compressors and motors, and for tax and tariff reductions to improve global competitiveness. They also called for more time to implement QCO and BIS standards. State Minister Jitin Prasada acknowledged the industry’s needs and highlighted India's growing consumer electronics market.