24 Companies Selected Under PLI Scheme for White Goods; Committed Investment of ₹3,516 Crore in Third Round

The Government has announced the selection of 24 companies under the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) in its third round. The initiative has attracted a committed investment of ₹3,516 crore, further strengthening India’s manufacturing capabilities in these sectors.

In the third round, 38 applications were received, of which 18 new companies have been provisionally selected . These include 10 manufacturers of air conditioner components and 8 manufacturers of LED light components, committing a total investment of ₹2,299 crore. Additionally, 6 existing PLI beneficiaries have been selected to upgrade to higher investment categories, committing an additional ₹1,217 crore.

The selection process is ongoing, with 13 applicants, including two existing beneficiaries, referred to the Committee of Experts (CoE) for further examination. One applicant has chosen to withdraw from the scheme.

Under the PLI Scheme for White Goods, a total of 84 companies have pledged investments worth ₹10,478 crore, which is projected to generate production valued at ₹1,72,663 crore. This significant move is set to bolster India’s position as a manufacturing hub while fostering economic growth.

Components to Be Manufactured

For air conditioners, components such as compressors, copper tubes (plain and/or grooved), control assemblies for indoor and outdoor units, heat exchangers, and BLDC motors will be manufactured. The LED segment will see the production of LED chip packaging, LED drivers, LED engines, LED light management systems, and metallized films for capacitors.

Scheme Overview

The Union Cabinet approved the PLI Scheme for White Goods on April 7, 2021, with a financial outlay of ₹6,238 crore for implementation over FY 2021-22 to FY 2028-29. The scheme, notified by the Department for Promotion of Industry and Internal Trade (DPIIT) on April 16, 2021, is designed to create a robust component ecosystem for the air conditioner and LED light industries, integrating India into global supply chains.

Incentives and Value Addition

The scheme offers incentives ranging from 6% to 4% on incremental sales over five years, following a one-year gestation period. It also aims to enhance domestic value addition from the current 15-20% to 75-80%, providing a major boost to local manufacturing and employment opportunities.

This initiative aligns with the government’s vision of Atmanirbhar Bharat (Self-Reliant India), promoting innovation, and driving India towards becoming a global manufacturing powerhouse in the white goods sector.

Table 1: Applicants provisionally selected in the 3rd Round of PLI Scheme for White Goods

  1. Air Conditioners (Gestation Period FY 2021-23)
S.no Applicant Name Eligible Products Committed Investment (Rs. in cr.)
1 Jupiter Aluminium Industries Private Limited 1. Aluminum Stock for Foils or Fins for heat exchangers              618.00
2 Ram Ratna Wires Limited 1. Copper Tube (plain and/or grooved)
2. Aluminum Stock for Foils or Fins for heat exchangers
             253.00
3 SMEL Steel Structural Private Limited 1. Aluminum Stock for Foils or Fins for heat exchangers              541.29
4 Voltas Components Private Limited (Formerly Known As Hi-Volt Enterprises Private Limited) Compressor including oil free and high capacity                        256.73
5 Next Generation Manufacturers Private Limited 1. Plastic Moulding components
2. Display Panels (LCD/LED)
3. Motors
4. Heat exchangers
5. Sheet Metal components
6. Control Assemblies for IDU or ODU or Remote
7.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 components
5. Heat exchangers
6. Sheet Metal components
7. Plastic Moulding components
8. Display Panels (LCD/LED)
                          51.00
Total 2059.05

 

(ii) LED Lights (Gestation Period FY 2021-23)

 

S.no Applicant Name Eligible Products Committed Investment

(Rs. in cr.)

1 Ikio Solutions Private Limited 1.LED Modules
2.Mechanicals Housing
3.LED Transformers
4.LED Light Management Systems (LMS)
5.LED Engines
6.LED Drivers
7.Heat Sinks
8.Diffusers
               41.00
2 Lumax Industries Limited 1. LED Drivers                60.00
3 Neolite ZKW Lightings Private Limited 1.LED Modules                23.66
4 Dhruv Industries Limited 1. Metallized film for capacitors                16.00
5 Uno Minda Limited 1.LED Drivers
2.Printed Circuit Boards (PCB) including Metal Clad PCBs
3.LED Light Management Systems (LMS)
4. Ferrite Cores
5.Diffusers
6.Heat Sinks
7.Drum Cores
8.Wire Wound Inductors
9.Mechanicals- Housing
10.LED Modules
11.LED Engines
12.LED Chips
               19.82
6 HQ Lamps Manufacturing Co. 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 (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. Cross Flow Fan (CFF)
3. Heat exchangers
4. Sheet Metal components
5. Plastic Moulding components6. Display Panelas (LCD/LED)
 

 

 

 

 

 

2021-23

 

 

 

 

 

 

100

 

 

 

 

 

 

300

200.00
Sub-total 1200.87

 

 

LED Components

6 Halonix Technologies Private Ltd 1. LED Modules
2. Mechanical Housing
3.  Printed Circuit boards (PCBs) including Metal clad PCBs
4 Heat Sinks
5 Diffusers
6 Fuses
 

 

 

 

 

2021-22

 

 

 

 

 

13.04

 

 

 

 

 

29.66

16.61
Sub-total

 

16.61
Total 1,217.48

Table 2: Applicants referred to the Committee of Experts (CoE)

Air Conditioners (Gestation Period FY 2021-23)

S.no Applicant Name Eligible Products Committed Investment

(Rs. in cr.)

1  KRN HVAC Products Private Limited 1. Heat exchangers              141.72
2 Topband India 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 System6. 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 Electricals Private Limited 1. Mechanicals- Housing
2. Diffusers
3.LED Engines
4. LED Drivers
5. Printed Circuit Boards (PCB) including Metal Clad PCBs
20.23
6 VG Electronics Private Limited 1. Printed Circuit Boards (PCB) including Metal Clad PCBs 10.20
Total 173.63

 

Existing applicants (Rs. in cr.)

 

S.no Applicant Name Eligible Products Gestation Period (FY) Existing Committed

Investment

Revised

Committed

Investment

Addl. Committed

Investment

AC(Components)
1 Virtuoso Optoelectronics 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
 

 

 

 

 

 

2021-22

 

 

 

 

 

 

50.5

 

 

 

 

 

 

100

49.5

 

 

 

LED (Components)
1 CALCOM VISION LIMITED 1. LED Driver
2. LED Modules
3. LED Engines
4. Mechanical- Housing
5. Heat Sinks                            6. Diffusers                         7. LED Management systems
 

 

 

 

2021-22

 

 

 

 

10

 

 

 

 

 

25

15

 

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