24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crore in Third Round.
GST
Dated:- 20-1-2025
18 new companies committed investments of Rs. 2,299 crore and 6 existing PLI beneficiary committed additional investment of Rs. 1,217 crore
15 AC Companies to invest Rs. 3,260 crore, 9 LED Companies to invest Rs. 256 crore
Total of 84 companies under the PLI Scheme for White Goods (ACs and LED Lights) are set to bring investments of Rs 10,478 crore, resulting in production worth Rs 1,72,663 crore during the Scheme period
With a total of 24 beneficiaries committing investment of Rs 3,516 crore in the third round, the PLI Scheme is poised to significantly boost the production of Components of ACs & LED Lights across India. In the third round of the on-line application window of the Production-Linked Incentive (PLI) Scheme , a total of 38 applications were received. After reviewing these applications, the government
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mpressors, copper tubes (plain and/or grooved control assemblies for IDU or ODU, Heat Exchangers and BLDC motors among others. Similarly, for LED Lights, LED Chip packaging, LED Drivers, LED Engines, LED Light Management Systems and Metallized films for capacitors etc. will be manufactured in India.
The Union Cabinet had given approval to the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED lights) to be implemented over FY 2021-22 to FY 2028-29 with an outlay of Rs 6,238 Crore on 7th April 2021. The Scheme was notified by DPIIT on 16.04.2021.
The PLI Scheme on White Goods is designed to create a robust component ecosystem 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. Domestic Value Addition is expected to gro
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Cross Flow Fan (CFF)
121.35
6
Neemrana Steel Service Center India Private Limited (Earlier Known As Sumikin Bussan Steel Services Centre India Pvt.Ltd)
1. Sheet Metal components
66.15
7
Clad Metal India Private Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Valves & Brass components
3. Heat exchangers
4. Sheet Metal components
50.03
8
Malhotra Electronics Private Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Cross Flow Fan
3. Heat Exchangers
4. Sheet Metal components
5. Plastic Moulding components
6. Display Panels (LCD/LED)
50.00
9
MIRC Electronics Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Motors
3. Cross Flow Fan (CFF)
4. Valves & Brass components
5. Heat exchangers
6. Sheet Metal components
7. Plastic Moulding components
8. Display Panels (LCD/LED)
51.50
10
Smile Electronics Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Motors
3. Cross Flow Fan (CFF)
4. Valves & Brass
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Private Limited
1.LED Drivers
2.Mechanicals-Housing
10.00
7
Intelux Electronics Private Limited
1. LED Driver
2. LED Modules
3. LED Engines
4. Printed Circuit Boards (PCB) including Metal Clad PCBs
5. LED Light Management System
6. LED Transformers
51.50
8
Hella India Automotive Private Limited
1. LED Drivers
17.84
Total
239.82
Existing Applicants moving to higher category
(Rs. in cr.)
S.No
Applicant Name
Eligible Products
Gestation period (FY)
Existing
Committed
Investment
Revised Committed
Investment
Addl. Commitment Investment
AC(Components)
1
Hindalco Industries Limited
1. Aluminum Stock for Foils or Fins for heat exchangers
2. Copper Tube (plain and/or grooved)
2021-23
539
899
360.00
2
LG Electronics India Private Limited
1. Compressor
2. Heat exchangers
3 Control Assemblies for IDU or ODU or Remotes
4 Motors
5 Plastic Moulding Components
2021-23
300
733
433.00
3
Mettube Copper India Pvt Ltd
Copper Tube (
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a Private Limited
1. Control Assemblies for IDU or ODU or Remotes.
2. Display Panels (LCD/LED)
50.00
3
Veira Electrotech Private Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Cross Flow Fan (CFF)
3. Heat exchangers
4. Sheet Metal components
5. Plastic Moulding components
60.00
4
Atomberg Innovation Private Limited
1. Control Assemblies for IDU or ODU or Remotes
2. Motors
50.20
5
Star Eltech Manufacturing India Private Ltd
1.Cross Flow Fan (CFF)
2.Control Assemblies for IDU or ODU or Remotes
3.Heat exchangers
4.Sheet Metal components
5.Plastic Moulding components
67.40
Total
369.32
(ii) LED Lights (Gestation Period FY 2021-23)
S.no
Applicant Name
Eligible Products
Committed Investment
(Rs. in cr.)
1
Calcom Kadapa Private Limited
1. LED Driver
2. LED Modules
3. LED Engines
4. Mechanicals- Housing
5. LED Light Management System
6. Heat Sinks
7.Diffusers
101
2
Sheetal Electrotech Private Limited
1. LED Driver
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