White Goods PLI Gets 13 New Players, ₹1,914 Crore Invested

The Department for Promotion of Industry and Internal Trade (DPIIT) has received 13 new applications under the Production Linked Incentive (PLI) scheme for white goods, with proposed investments totaling ₹1,914 crore.

The applications, spread across six states, focus on manufacturing components for air conditioners and LED lighting. Of these, nine companies have committed ₹1,816 crore for producing AC components such as compressors, motors, and heat exchangers, while four applicants plan to invest ₹98 crore in LED component manufacturing, including chips and drivers.

Since its launch in April 2021, the white goods PLI scheme has attracted over ₹10,000 crore in investments and is expected to create nearly 60,000 direct jobs. The initiative aims to strengthen domestic manufacturing and position India as a global hub for AC and LED component production.

News by Rahul Yelligetti.