Epack Durable Ltd has announced the receipt of a Phase III incentive worth ₹73.6 million under the government’s Production Linked Incentive (PLI) scheme. The incentive highlights the company’s strong compliance, operational efficiency, and contribution to India’s manufacturing ecosystem, reinforcing its growth trajectory in the consumer durables sector.
Epack Durable Ltd, a leading manufacturer in India’s consumer durables sector, has received a Phase III incentive of ₹73.6 million under the Production Linked Incentive (PLI) scheme. This milestone reflects the company’s adherence to performance benchmarks and its commitment to expanding India’s manufacturing footprint.
The incentive will further strengthen Epack Durable’s financial position, enabling investments in innovation, capacity expansion, and sustainable manufacturing practices. Industry experts note that such incentives not only boost competitiveness but also encourage companies to scale operations and contribute to India’s “Make in India” vision.
Key Highlights:
-
Incentive Value: ₹73.6 million received under Phase III of PLI scheme.
-
Sectoral Impact: Supports growth in consumer durables manufacturing.
-
Operational Strength: Recognition of compliance and performance benchmarks.
-
Strategic Focus: Funds to be used for innovation and capacity expansion.
-
National Vision: Reinforces India’s push for self-reliant manufacturing.
This achievement underscores Epack Durable Ltd’s resilience and strategic alignment with India’s industrial growth agenda, positioning it as a key player in the evolving consumer durables landscape.
Sources: Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Economic Times, Mint, Business Standard