PLI Scheme for White Goods: 38 applicants commit ₹4,121 crore in third round
On 14 October 2024, in India, the Commerce Ministry said the third round of the PLI Scheme for White Goods (ACs and LED lights) drew 38 applications with committed investment of ₹4,121 crore.
Summary
On 14 October 2024, in India, the Ministry of Commerce and Industry said the third round of the online application window for the PLI Scheme for White Goods (Air Conditioners and LED lights), open for 90 days from 15 July 2024 and closed on 12 October 2024, attracted 38 applications with net committed investment of ₹4,121 crore. Eight existing beneficiaries committed ₹1,285 crore and 30 new applicants ₹2,836 crore for components of ACs and LED lights. 43% of the new applicants are MSMEs.
Key facts
- Announced
- 14 Oct 2024
- Applicants
- 38
- Committed investment
- ₹4,121 crore
- Window
- 15 Jul-12 Oct 2024 (90 days)
- Existing / new
- 8 (₹1,285 cr) / 30 (₹2,836 cr)
- MSME share of new applicants
- 43%
Practice MCQs 2 questions
The PLI Scheme for White Goods, whose third application round drew 38 applicants in October 2024, covers which products?
Show answer
Correct answer: C — Air conditioners and LED lights
PIB (14 Oct 2024): PLI Scheme for White Goods (Air Conditioners and LED lights).
What was the net committed investment by the 38 applicants in the third round of the PLI Scheme for White Goods?
Show answer
Correct answer: A — ₹4,121 crore
PIB (14 Oct 2024): the third round attracted 38 responses with a net committed investment of Rs 4,121 crore.