PLI White Goods: five AC component makers selected in fourth round
The fourth round of the PLI Scheme for White Goods provisionally selected five air-conditioner component makers with committed investment of ₹863 crore.
Summary
Evaluation of 13 applications in the fourth round of the PLI Scheme for White Goods (Air Conditioners and LED Lights) led to provisional selection of five applicants, all making AC components, with committed investment of ₹863 crore. They are expected to produce ₹8,337.24 crore and create 1,799 additional direct jobs by FY 2027–28; eight applicants were referred to the Committee of Experts. Overall, 85 companies selected under the scheme are expected to invest ₹11,198 crore. The scheme was approved by the Cabinet on 7 April 2021 with an outlay of ₹6,238 crore for FY 2021–22 to 2028–29.
Key facts
- Round
- Fourth; 13 applications
- Selected
- 5 AC component makers (provisional)
- Committed investment
- ₹863 crore
- Production / jobs
- ₹8,337.24 crore; 1,799 direct jobs by FY 2027–28
- Scheme total
- 85 companies; ₹11,198 crore investment
- Outlay
- ₹6,238 crore; approved 7 April 2021; FY22–FY29
Practice MCQs 2 questions
The PLI Scheme for White Goods covers which two product categories?
Show answer
Correct answer: A — Air conditioners and LED lights
PIB (Commerce): the PLI Scheme for White Goods covers Air Conditioners and LED Lights.
What is the total outlay of the PLI Scheme for White Goods?
Show answer
Correct answer: D — ₹6,238 crore
PIB: the Cabinet approved the scheme on 7 April 2021 with an outlay of ₹6,238 crore; ₹11,198 crore is the expected investment by 85 companies.