PLI scheme attracts Rs 35.16 Bn for AC and LED manufacturing

21 Jan 2025 CW Team

The Production-Linked Incentive (PLI) Scheme for white goods has attracted Rs 35.16 billion in committed investments during its third round of applications. The initiative, aimed at bolstering domestic manufacturing of air conditioner (AC) and LED light components, saw 38 applications, of which 18 new companies have been provisionally selected. The newly approved companies include 10 manufacturers of AC components and 8 of LED components, committing Rs 22.99 billion in investments. Additionally, six existing beneficiaries upgraded to higher investment categories, adding Rs 12.17 billion to the total. The investments are expected to strengthen India's manufacturing ecosystem and reduce import dependency. The scheme, launched in April 2021 with an outlay of Rs 62.38 billion, aims to integrate India into global supply chains for white goods. Components like compressors, heat exchangers, LED chip packaging, and light management systems will be produced domestically under the scheme.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..