The government has extended the application window for the fourth round 4 of the Production Linked Incentive (PLI) Scheme for white goods (air conditioners and LED lights) till November 10, 2025.
The earlier window for applications for the fourth round was opened on September 15 and closed on October 14. “The application window has been extended in view of the strong industry response and increasing investment appetite under the Scheme,” a statement by the Department for Promotion of Industry and Internal Trade (DPIIT) said..
The scheme – notified in April 2021 – offers incentives of 4% to 6% of incremental sales. It will run from 2021-22 to 2028-29 and cover both low value and high value components of air conditioners and LED lights. The outlay for the scheme is Rs 6238 crore of which around Rs 287 crore has already been disbursed.
Those applying in the fourth round would be eligible for incentives for the remaining tenure of the scheme.
Both new applicants as well as existing beneficiaries of PLI white goods who propose to invest more by way of switching over to higher target segments or their group companies applying under different target segments are eligible to apply.
The first round of applications were invited in 2021 and second round in 2022. The third round was completed in January of 2025.
So far, 83 applicants with committed investment of Rs 10,406 crore have been selected as beneficiaries under the PLI scheme. These include some of the biggest names in the industry like Voltas, Blue Star, Hindalco, Uno Minda, Daikin, Hitachi, Panasonic and LG.
The PLI scheme that was first launched in Mar 2020 now covers 14 sectors and has an outlay of Rs 1.97 lakh crore. Cumulative incentive amount of Rs. 21,534 crore have been disbursed till June-end under PLI Scheme for 12 sectors.
Sectors that have started getting incentives include electronics , IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom and networking products, food processing, white goods, drones and drone components, specialty steel, textile products and automobiles and auto components.
Actual investment of Rs. 1.76 lakh crore have been realized till March 2025
across 14 sectors, which has resulted in incremental production and sales of over Rs 16.5 lakh crore and employment generation of over 1.2 million, including direct and indirect jobs.