The government has received 13 proposals with a net committed investment of Rs 1,914 crore in the fourth round of applications for the Production Linked Incentive (PLI) Scheme for white goods (Air conditioners and LED Lights).
Among the applicants, one is an existing beneficiary under the PLI Scheme for White Goods, committing an additional investment of Rs 15 crore. Nine applicants, representing 75% of the total, have applied for manufacturing Air Conditioner components with a cumulative investment of Rs 1,816 crore, a statement by the Department for Promotion of Industry and Internal Trade (DPIIT).
These investments focus on manufacturing copper tubes, aluminium stock, compressors, motors, heat exchangers, control assemblies, and other high-value components. The remaining four applicants have proposed investments worth Rs 98 crore for LED component manufacturing, including LED chips, drivers, and heat sinks.
So far, the PLI Scheme for White Goods has attracted Rs 10,335 crore of committed investment from 80 approved beneficiaries. The Scheme is expected to generate production worth Rs. 1.72 lakh crore and create around 60,000 direct jobs across the country, the statement added. Over 50 per cent of the new applicants are Micro, Small and Medium Enterprises (MSMEs).
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.
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 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 12 lakhs (direct and indirect).