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of <h1>Indian Government Approves 42 Companies for PLI Scheme in ACs and LEDs, Aiming for Job and Production Boost.</h1> The Indian government has approved 42 companies under the Production-Linked Incentive (PLI) Scheme for White Goods, focusing on air conditioners and LED lights, with an investment of Rs. 4,614 crore. This initiative, part of the Atmanirbhar Bharat campaign, aims to boost domestic manufacturing, create 44,000 jobs, and generate incremental production worth over Rs. 81,000 crore. The selected companies include 26 for air conditioner components and 16 for LED components. The scheme, managed by the Department for Promotion of Industry and Internal Trade (DPIIT), will run from FY2021-22 to FY2028-29 with a total outlay of Rs. 6,238 crore.
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