PG Electroplast has applied for the production-linked incentive (PLI) scheme. Through its wholly-owned subsidiary PG Technoplast, it has committed a capital expenditure (capex) of Rs 300 crore over the next five years for manufacturing air conditioner (AC) components. The company has already started the first phase of its planned investment and it is also building up its design and R&D (research and development) capabilities for the AC segment.
PG Electroplast is a diversified Electronic Manufacturing Services and Plastic Injection Molding company catering to leading OEMs in Consumer Electronics and Automotive Industry.