So far, exports have remained limited, partly because domestic air-conditioner penetration in India is still only around 10-11%. Air conditioners are also the only white goods segment covered under the production-linked incentive (PLI) scheme, prompting the government to push for higher export earnings from the industry.
So far, exports have remained limited, partly because domestic air-conditioner penetration in India is still only around 10-11%. Air conditioners are also the only white goods segment covered under the production-linked incentive (PLI) scheme, prompting the government to push for higher export earnings from the industry.
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