PLI will spur white goods sector to compete globally, help it scale: Goyal

Minister says 61 companies had set up component plants in 14 states and UTs. They are expected to invest about Rs 6,632 crore and create 46,368 direct job opportunities

Commerce and industry minister Piyush Goyal on Friday said that the government’s production-linked incentive (PLI) scheme will encourage the white goods industry to take the first few steps to compete in the global market and give players in this space the initial push to scale their businesses.

“You want to become global champions. You want to compete with the rest of the world on an equal footing from a position of strength. India is not a weak country. We are not looking for sops. We are not scared of any competition. That’s the message this room should give out to