DPIIT Grants PLI Upgrade to Calcom; Rs 250 Mn Invested in LED Expansion

20 May 2025 CW Team

Under this upgraded approval by the Department for Promotion of Industry and Internal Trade (DPIIT), Calcom has increased its investment commitment from Rs 100 million to Rs 250 million — and has already deployed the entire amount ahead of the scheme’s five-year schedule. This bold move showcases Calcom’s speed, scale, and strategic foresight in seizing India’s next big manufacturing opportunity.

With this milestone, Calcom’s portfolio of eligible products has expanded significantly to include LED Drivers, Modules, Engines, Mechanical Housings, Heat Sinks, Diffusers, and Light Management Systems (LMS) — key components in building a fully integrated domestic LED supply chain.

Backing Aatmanirbhar Bharat with Action, Not Just Intent. This advancement aligns squarely with the Government of India’s Aatmanirbhar Bharat and Make in India missions. The Rs 62.38 billion PLI Scheme for White Goods is accelerating India’s emergence as a global manufacturing hub for LED components and air conditioners. As of early 2025, Rs 104.78 billion in investments has been committed by 84 approved companies, with production targets surpassing Rs 1.72 trillion by FY2028–29.

Calcom’s upgraded commitment alone is projected to unlock Rs 150.96 million in performance-based incentives, driven by Rs 1.50 billionin incremental sales by FY2026–27 — more than double its original sales projections under the initial PLI phase.

"We’re Not Just Manufacturing — We’re Nation-Building"

Abhishek Malik, Executive Director of Calcom Vision, remarked, “This PLI upgrade isn’t just a government nod — it’s a bold validation of Calcom’s role in India’s industrial future. We’ve front-loaded our entire Rs 250 million investment ahead of time, and we’re only getting started. Our vision is clear: to lead India’s LED revolution with innovation, agility, and purpose. As India localises components and ramps up exports, Calcom is ready to be the design-led, globally competitive partner the country needs.”

Calcom’s world-class, 30,000 sq. meter manufacturing hub in Greater Noida, equipped with end-to-end R&D and backward integration, stands ready to anchor India’s shift toward energy-efficient lighting and next-generation smart electronics.

Calcom Vision, one of India’s foremost Original Design Manufacturers (ODM) and Electronics Manufacturing Services (EMS) providers, has been elevated to the Large Investment category under the Government of India’s prestigious Production Linked Incentive (PLI) Scheme for White Goods — a leap that reaffirms Calcom’s commitment to powering India’s self-reliance in LED component manufacturing.Under this upgraded approval by the Department for Promotion of Industry and Internal Trade (DPIIT), Calcom has increased its investment commitment from Rs 100 million to Rs 250 million — and has already deployed the entire amount ahead of the scheme’s five-year schedule. This bold move showcases Calcom’s speed, scale, and strategic foresight in seizing India’s next big manufacturing opportunity.With this milestone, Calcom’s portfolio of eligible products has expanded significantly to include LED Drivers, Modules, Engines, Mechanical Housings, Heat Sinks, Diffusers, and Light Management Systems (LMS) — key components in building a fully integrated domestic LED supply chain.Backing Aatmanirbhar Bharat with Action, Not Just Intent. This advancement aligns squarely with the Government of India’s Aatmanirbhar Bharat and Make in India missions. The Rs 62.38 billion PLI Scheme for White Goods is accelerating India’s emergence as a global manufacturing hub for LED components and air conditioners. As of early 2025, Rs 104.78 billion in investments has been committed by 84 approved companies, with production targets surpassing Rs 1.72 trillion by FY2028–29.Calcom’s upgraded commitment alone is projected to unlock Rs 150.96 million in performance-based incentives, driven by Rs 1.50 billionin incremental sales by FY2026–27 — more than double its original sales projections under the initial PLI phase.We’re Not Just Manufacturing — We’re Nation-BuildingAbhishek Malik, Executive Director of Calcom Vision, remarked, “This PLI upgrade isn’t just a government nod — it’s a bold validation of Calcom’s role in India’s industrial future. We’ve front-loaded our entire Rs 250 million investment ahead of time, and we’re only getting started. Our vision is clear: to lead India’s LED revolution with innovation, agility, and purpose. As India localises components and ramps up exports, Calcom is ready to be the design-led, globally competitive partner the country needs.”Calcom’s world-class, 30,000 sq. meter manufacturing hub in Greater Noida, equipped with end-to-end R&D and backward integration, stands ready to anchor India’s shift toward energy-efficient lighting and next-generation smart electronics.

Infrastructure Urban

07 May 2026

Vedanta Reports Record Profit in FY26

Vedanta reported its best-ever financial performance in FY26, with profit after tax of Rs 250.96 billion and revenue of Rs 1.74 trillion, supported by operational excellence across businesses. The company delivered nearly 50 per cent total shareholder return and declared a dividend of Rs 34 per share.Vedanta said its net debt-to-EBITDA improved to 0.95x, strengthening financial flexibility. Its demerger, effective 1 May 2026, is aimed at unlocking value by creating focused businesses across aluminium, oil and gas, power, iron and steel, zinc, copper, nickel and ferro alloys.Vedanta Aluminium p..

Infrastructure Energy

07 May 2026

KEC Wins Orders Worth Rs 10.02 Billion

KEC International, an RPG Group company and global infrastructure EPC major, has secured new orders worth Rs 10.02 billion across its key businesses.In Transmission and Distribution, the company has won orders for projects in India and the Americas. These include ±500 kV HVDC transmission lines from a private developer in Western India, 132 kV cabling works from a steel producer in Eastern India, and the supply of towers, hardware and poles in the Americas.The renewables business has secured an order for a 100+ MW wind project in Southern India from a private developer. In transportation, KEC..

Infrastructure Urban

07 May 2026

Hindustan Zinc Opens Cath Lab in Udaipur

Hindustan Zinc recently inaugurated a state-of-the-art Cardiac Catheterisation Laboratory at Rabindranath Tagore Hospital, Udaipur. The facility was inaugurated by Gulab Chand Kataria, Governor of Punjab and Administrator of Chandigarh, in the presence of local MLAs, RNT Hospital leadership and senior Hindustan Zinc officials.The Cath Lab follows an MoU signed earlier between Hindustan Zinc and RNT Hospital for the redevelopment and upgradation of the hospital into a future-ready, multi-speciality healthcare facility. Equipped with advanced cardiac technology, it will support minimally invasiv..