Construction And Equipment Manufacturers Seek PLI Scheme For Industry

New Delhi, Aug 7 (KNN) Construction and equipment (CE) manufacture are urging the central government to introduce production linked incentive (PLI) scheme for the sector.

Indian Construction Equipment Manufacturers' Association (ICEMA) President Dimitrov Krishnan pointed out that the introduction of the PLI scheme will provide a level-playing field for the players of the industry.

"The PLI scheme has given a push to the sectors that are included under the Scheme. Our industry requests the government for a PLI scheme for the sector. We play a critical role in capital intensive industries like setting up steel plants, construction and infrastructure, roads and highways, mining etc," Krishnan said.

The ICEMA president said that the CE industry has already submitted a PLI scheme proposal to the government which aims to increase the manufacturing of heavy machineries in India, and also for making skill certification mandatary for mining projects.

In 2021, the government had announced the scheme for 14 sectors such as telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell battery, drones and pharma with an outlay of Rs 1.97 lakh crore.  (KNN Bureau)