TaxTMI 
TaxTMI 
Five Companies Selected Under PLI White Goods Scheme; Production to Reach Rs.8,337 Crore
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....ive Companies Selected Under PLI White Goods Scheme; Production to Reach Rs.8,337 Crore<BR>News and Press Release<BR>Dated:- 24-1-2026<BR><BR>PLI White Goods Scheme to Attract Rs.11,198 Crore Investment from 85 Companies The evaluation of 13 applications received in the fourth round under the PLI Scheme for White Goods has resulted in the provisional selection of five applicants, with a committed....
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.... investment of Rs.863 crore, all engaged in the manufacturing of air conditioner (AC) components. These five companies are expected to achieve a total production of Rs.8,337.24 crore and generate 1,799 additional direct jobs by FY 2027-28. Overall, a total of 85 companies selected under the PLI Scheme for White Goods (Air Conditioners and LED Lights) are expected to make investments of Rs.11,198 ....
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....crore, leading to cumulative production of Rs.1,90,050 crore over the scheme period. Eight applicants have been referred to the Committee of Experts (CoE) for detailed examination and recommendations. Details of the provisionally selected applicants are placed at Annexure. This initiative is expected to significantly strengthen domestic manufacturing capabilities and drive economic growth in the....
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.... sector. Under the scheme, manufacturers of Air Conditioners will produce components such as compressors, copper tubes (plain and/or grooved), control assemblies for IDUs and ODUs, heat exchangers, and BLDC motors, among others. Similarly, for LED Lights, components including LED chip packaging, LED drivers, LED engines, LED light management systems, and metallized films for capacitors, among othe....
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....rs, will be manufactured in India. The Union Cabinet approved the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) on 7 April 2021, with a total outlay of Rs.6,238 crore, to be implemented from FY 2021-22 to FY 2028-29. The scheme was subsequently notified by DPIIT on 16 April 2021. The PLI Scheme for White Goods aims to create a robust domestic componen....
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....t ecosystem for the Air Conditioners and LED Lights industry and position India as an integral part of the global supply chains. The scheme offers incentives ranging from 6% to 4% on a reducing basis on incremental sales for a period of five years, following the base year and a one-year gestation period. Domestic Value Addition is expected to increase from the current 20-25% to 75-80%. Annexure ....
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....Table : Applicants provisionally selected in the 4th Round of PLI Scheme for White Goods S.No. Applicant Products to be manufactured Committed Investment (Rs Cr.) 1 KIRLOSKAR PNEUMATIC COMPANY LIMITED 1.Compressor 2. Motors 3. Heat Exchangers 4. Sheet Metal Components 320 2 INDO ASIA COPPER LIMITED Copper Tube (Plain and/or grooved) 258.97 3 GODREJ & BOYCE MANUFACTURING COMPANY L....
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....TD 1. Heat Exchangers 2. Sheet Metal Components 3. Plastic Moulding Components 58.69 4 KRYON TECHNOLOGY PRIVATE LIMITED 1.Control Assemblies for IDU or ODU or Remotes 2. Motors 175 5 PRANAV VIKAS (INDIA) PRIVATE LIMITED 1. Motors 2. Cross Flow Fan (CFF) 3. Valves & Brass components 4. Heat Exchangers 5. Sheet Metal components 50 <BR> News - Press release - PIB....