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 – News – 24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crore in Third Round. Dated:- 20-1-2025 – 18 new companies committed investments of Rs. 2,299 crore and 6

GST Dated:- 20-1-2025 – News – 24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crore in Third Round. 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, t

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

like, compressors, 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

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

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 components 5. Heat exchangers 6. Sheet Metal components 7. Plastic Moulding components 8. Display Panels (

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

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 (plain and/or grooved) 2021-23 300.21 328.08 27.87 4 Blue Star Climatech Limited 1. Control Assemblies for IDU or ODU or Remotes , 2. Heat exchangers 3.Sheet Metal components 2021-23 156 336 180.00 5 Voltas Limited 1. Control Assemblies for IDU or ODU or Remotes 2.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

l 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 2. LED Modules 3. Mechanical Housing 4. Diffusers 5. LED Light Management System 10.20 3 Prakash Elcomp Manufacturing Pvt Ltd 1. Resistors 2. Wire Wound Inductors 3.Capacitors 4. Printed Circuit Boards (PCB) including Metal Clad PCBs 5. LED Chips 22 4 Larica Led Products Private Limited 1.Printed Circuit Boards (PCB) including Metal Clad PCBs 2.Mechanicals- Housing 3.LED Drivers 10 5 Silver Consumer Ele

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =