The Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry had approved a Production Linked Incentive (PLI) Scheme for White Goods (including Air Conditioners and LED Lights) to be implemented over FY 2021- 22 till FY 2028-29 with a budgetary outlay of Rs. 6,238 crores.<BR> <BR> In order to participate and avail benefits under the PLI Scheme, TritonValves Climatech Private Limited (Wholly Owned Subsidiary), had filed an application for the manufacturing of Valves and Brass Components under the production linked incentive scheme (PLI) for white goods (Air conditioners and LEDs). <BR> <BR> In this regard, we are pleased to inform that the Company has been selected as a beneficiary under the said PLI scheme.<BR>
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