News Stocks Commerce Ministry selects 5 companies under PLI White Goods scheme; production to hit ₹8,337 crCommerce Ministry selects 5 companies under PLI White Goods scheme; production to hit ₹8,337 cr
The Ministry of Commerce and Industry has provisionally selected five companies under the fourth round of the PLI Scheme for White Goods following evaluation of 13 applications. The selected companies—Kirloskar Pneumatic, Indo-Asia Copper, Godrej & Boyce Manufacturing, Kryon Technology, and Pranav Vikas (India)—have committed investments of ₹863 crore for AC component manufacturing. These companies are expected to achieve production of ₹8,337.24 crore and generate 1,799 direct jobs by FY 2027-28. Overall, 85 companies under the scheme are expected to invest ₹11,198 crore and generate cumulative production of ₹1,90,050 crore.
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The Ministry of Commerce and Industry has announced the provisional selection of five companies under the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods, marking a significant step in strengthening India's domestic manufacturing capabilities. The selection follows a comprehensive evaluation of 13 applications received for this round.
Selected Companies and Investment Commitments
The five provisionally selected companies have committed substantial investments totaling ₹863 crore, all focused on manufacturing air conditioner components:
| Company | Sector Focus |
|---|---|
| Kirloskar Pneumatic | AC Components |
| Indo-Asia Copper | AC Components |
| Godrej & Boyce Manufacturing | AC Components |
| Kryon Technology | AC Components |
| Pranav Vikas (India) | AC Components |
Production Targets and Employment Generation
The selected companies are positioned to deliver significant economic impact through their manufacturing operations:
| Parameter | Target by FY 2027-28 |
|---|---|
| Total Production Value | ₹8,337.24 crore |
| Additional Direct Jobs | 1,799 |
| Investment Commitment | ₹863 crore |
Overall Scheme Performance
The PLI Scheme for White Goods has demonstrated substantial industry participation across its implementation period. A total of 85 companies selected under the scheme, covering air conditioners and LED lights, are expected to contribute significantly to India's manufacturing ecosystem.
| Scheme Metrics | Expected Outcomes |
|---|---|
| Total Investment | ₹11,198 crore |
| Cumulative Production | ₹1,90,050 crore |
| Companies Selected | 85 |
Eight applicants from the latest round have been referred to the Committee of Experts (CoE) for detailed examination and recommendations, indicating continued interest in the scheme.
Manufacturing Components and Capabilities
The scheme encompasses a comprehensive range of components to build domestic manufacturing strength:
Air Conditioner Components:
- Compressors
- Copper tubes
- Control assemblies for indoor and outdoor units
- Heat exchangers
- BLDC motors
LED Light Components:
- LED chip packaging
- Drivers and engines
- Light management systems
- Metallised films for capacitors
Scheme Framework and Incentives
The Union Cabinet approved the PLI Scheme for White Goods (Air Conditioners and LED Lights) on April 7, 2021, with a total outlay of ₹6,238 crore. The Department for Promotion of Industry and Internal Trade (DPIIT) subsequently notified the scheme on April 16, 2021, for implementation from FY 2021-22 to FY 2028-29.
The scheme offers incentives ranging from 6% to 4% on incremental sales for five years after a one-year gestation period. The initiative aims to increase domestic value addition from the current 20-25% to 75-80%, positioning India as a key player in global supply chains while building a robust domestic component ecosystem.
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