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White goods UPSC NOTE

 Why in news

  • The Centre has reopened the application window for the Production linked Incentive (PLI) scheme for white goods from July 15 to October 12, citing industry appetite to invest more in the scheme originally launched in 2021

What is white goods

  • White goods refer to heavy consumer durables or large home appliances, which were traditionally available only in white.

  • Examples:  washing machines, air conditioners, stoves, refrigerators, etc.

  • They are consumer durables made of enamel-coated sheet steel 

  • Indian white goods industry:  The Indian appliance and consumer electronics (ACE) market reached INR 76,400 crore in 2019 and is expected to double to reach INR 1.48 lakh crore  by 2025

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: White goods UPSC NOTE
White goods UPSC NOTE
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Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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