Commerce Ministry selects 5 companies under PLI White Goods scheme; production to hit ₹8,337 cr

The Ministry of Commerce and Industry said the evaluation of 13 applications received in the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods has led to the provisional selection

of five companies. These applicants have committed investments of ₹863 crore and are all engaged in manufacturing air conditioner (AC) components.

The selected companies—Kirloskar Pneumatic, Indo-Asia Copper, Godrej & Boyce Manufacturing, Kryon Technology, and Pranav Vikas (India)—are expected to achieve total production of ₹8,337.24 crore and generate 1,799 additional direct jobs by FY 2027–28.

Overall, 85 companies selected under the PLI Scheme for White Goods, covering air conditioners and LED lights, are expected to invest ₹11,198 crore and generate cumulative production of ₹1,90,050 crore over the scheme period, according to the ministry. Eight applicants from the latest round have been referred to the Committee of Experts (CoE) for detailed examination and recommendations.

The initiative aims to strengthen domestic manufacturing capabilities and boost economic growth. Under the scheme, AC manufacturers will produce components such as compressors, copper tubes, control assemblies for indoor and outdoor units, heat exchangers, and BLDC motors. For LED lights, components including LED chip packaging, drivers, engines, light management systems, and metallised films for capacitors will be manufactured domestically.

The Union Cabinet approved the PLI Scheme for White Goods (Air Conditioners and LED Lights) on April 7, 2021, with a total outlay of ₹6,238 crore, to be implemented from FY 2021–22 to FY 2028–29. The scheme was subsequently notified by the Department for Promotion of Industry and Internal Trade (DPIIT) on April 16, 2021.

The PLI Scheme aims to build a robust domestic component ecosystem and position India as a key player in global supply chains. It offers incentives ranging from 6% to 4% on incremental sales for five years after a one-year gestation period, with domestic value addition expected to rise from the current 20–25% to 75–80%.

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