13 Firms Apply Under PLI Scheme with Rs 19.14 bn Investment
ECONOMY & POLICY

13 Firms Apply Under PLI Scheme with Rs 19.14 bn Investment

The fourth round of the Production Linked Incentive (PLI) Scheme for White Goods, covering air conditioners and LED lights, has attracted 13 applications with a committed investment of Rs 19.14 billion. The Department for Promotion of Industry and Internal Trade (DPIIT) had kept the window open from 15 September to 10 November 2025.

Over half of the new applicants are Micro, Small and Medium Enterprises (MSMEs), signalling rising confidence among smaller manufacturers in joining the domestic AC and LED components value chain. Of the 13 applicants, one is an existing beneficiary that has pledged an additional Rs 150 million.

Nine companies, accounting for 75 per cent of the applicants, have proposed investments of Rs 18.16 billion to manufacture AC components such as copper tubes, aluminium stock, compressors, motors, heat exchangers, and control assemblies. The remaining four applicants have proposed Rs 98 crore to produce LED components including chips, drivers and heat sinks.

These proposals span six States, covering 13 districts and 23 locations, thereby contributing to regional industrial growth and job creation.

To date, the PLI Scheme for White Goods has secured Rs 103.35 billion in committed investments from 80 approved beneficiaries. The Scheme is expected to support production worth Rs 1.72 trillion and generate nearly 60,000 direct jobs nationwide.

Approved by the Union Cabinet on 7 April 2021, the Scheme has a total outlay of Rs 62.38 billion and aims to build a complete components ecosystem for air conditioners and LED lights. It seeks to raise domestic value addition from the current 15–20 per cent to 75–80 per cent, strengthening India’s position as a global manufacturing hub for white goods.

The fourth round of the Production Linked Incentive (PLI) Scheme for White Goods, covering air conditioners and LED lights, has attracted 13 applications with a committed investment of Rs 19.14 billion. The Department for Promotion of Industry and Internal Trade (DPIIT) had kept the window open from 15 September to 10 November 2025. Over half of the new applicants are Micro, Small and Medium Enterprises (MSMEs), signalling rising confidence among smaller manufacturers in joining the domestic AC and LED components value chain. Of the 13 applicants, one is an existing beneficiary that has pledged an additional Rs 150 million. Nine companies, accounting for 75 per cent of the applicants, have proposed investments of Rs 18.16 billion to manufacture AC components such as copper tubes, aluminium stock, compressors, motors, heat exchangers, and control assemblies. The remaining four applicants have proposed Rs 98 crore to produce LED components including chips, drivers and heat sinks. These proposals span six States, covering 13 districts and 23 locations, thereby contributing to regional industrial growth and job creation. To date, the PLI Scheme for White Goods has secured Rs 103.35 billion in committed investments from 80 approved beneficiaries. The Scheme is expected to support production worth Rs 1.72 trillion and generate nearly 60,000 direct jobs nationwide. Approved by the Union Cabinet on 7 April 2021, the Scheme has a total outlay of Rs 62.38 billion and aims to build a complete components ecosystem for air conditioners and LED lights. It seeks to raise domestic value addition from the current 15–20 per cent to 75–80 per cent, strengthening India’s position as a global manufacturing hub for white goods.

Next Story
Real Estate

Godrej Properties Logs Rs 26 Bn Sales in First Year in Hyderabad

Godrej Properties has reported housing sales worth over Rs 26 billion in its first year of operations in Hyderabad, underscoring a strong market entry and prompting the company to accelerate expansion plans in the city. The developer sees significant long-term growth potential in Hyderabad, driven by sustained demand for premium and luxury residential properties.The company entered the Hyderabad housing market in January this year with the launch of its first residential project at Kokapet. This was followed by a second project launch during the July–September quarter. Together, these two de..

Next Story
Infrastructure Transport

Mahindra Unveils COMPAX Mini Compactor at EXCON 2025

Mahindra’s Construction Equipment business (MCE) recently unveiled the Mahindra COMPAX mini compactor for the road construction industry at the CII-organised EXCON exhibition held at BIEC, Bengaluru. Alongside the new launch, the company showcased its advanced CEV-V range of machines, featuring improved comfort, higher productivity and enhanced performance aimed at improving customer earnings.Speaking at the event, Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO – SML Mahindra Ltd, said Mahindra’s commercial vehicles ..

Next Story
Real Estate

Puravankara Arm Secures Rs 5.09 Bn Bengaluru Luxury Project LoA

Puravankara has announced that its wholly owned subsidiary, Starworth Infrastructure & Construction (SICL), has received a Letter of Acceptance (LoA) valued at Rs 5.09 billion for a large-scale luxury residential project in Bengaluru. The contract reinforces the group’s construction portfolio and underlines its continued presence in the city’s premium housing segment.The LoA has been awarded by One Bangalore Luxury Projects LLP and pertains to the execution of Varnam Phase 1 of the One Bangalore Luxury Project, located in Devanahalli in Bengaluru Rural District. The scope of work inclu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App