Virtuoso Optoelectronics has received approval from Industrial Finance Corporation of India (IFCI) regarding upgradation in investment category under the Production Linked Incentive (PLI) Scheme for a value of Rs 100 crore.
The application pertains to the category upgradation under the PLI Scheme for white Goods and is part of the company’s strategic initiatives to enhance its eligibility for higher incentives under the PLI framework, aimed at promoting domestic manufacturing and investment.
Virtuoso Optoelectronics is engaged in manufacturing of high-volume, large-scale production of consumer & industrial products.