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PLI Scheme for White Goods
January 25 , 2025
2 days
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- 24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crores in Third Round.
- 18 new companies committed investments of Rs. 2,299 crore and 6 existing PLI beneficiary committed additional investment of Rs. 1,217 crores.
- Total of 84 companies under the PLI Scheme for White goods are set to bring the investments of Rs 10,478 crore.
- The PLI Scheme on White Goods is designed to create a robust component eco system for Air Conditioners and LED Lights Industry in India and make India an integral part of the global supply chains.
- The Scheme extends an incentive of 6% to 4% on reducing basis on incremental sales for a period of five (5) years subsequent to the base year and one year of gestation period.
- The White goods are traditionally referred to large home appliances such as stoves, refrigerators, freezers and washing machines.
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