PG Electroplast’s step-down subsidiary -- Next Generation Manufacturers has received approval from Government of India under the Production Linked Incentive (PLI) Scheme for 3rd Round of White Goods under the Air Conditioner Components category. It will be investing Rs 121.35 crore over a period of five years.
PG Electroplast’s step-down subsidiary is among 14 others selected for manufacturing Air Conditioner Components for 3rd Round of PLI Scheme for White Goods. The company has committed the fifth largest investment among those selected under the scheme.
PG Electroplast is a trusted one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India.