The Government of India has provisionally selected five companies under the fourth round of the Production Linked Incentive Scheme for White Goods, marking another significant step in strengthening domestic manufacturing of air conditioner components and deepening India’s integration into global supply chains.
The selection follows the evaluation of 13 applications received in the fourth round of the scheme. The five provisionally selected companies have committed an investment of ₹863 crore and are all engaged in manufacturing key components for air conditioners. These companies are expected to achieve total production of ₹8,337.24 crore and generate 1,799 additional direct jobs by the end of FY 2027–28.
With this round of approvals, the PLI Scheme for White Goods now covers a total of 85 companies across air conditioners and LED lights. Cumulatively, these companies are expected to invest ₹11,198 crore and generate production worth ₹1,90,050 crore over the full period of the scheme, reinforcing India’s ambition to build a strong, self-reliant manufacturing ecosystem.
Eight additional applicants from the fourth round have been referred to the Committee of Experts for detailed examination and recommendations, indicating sustained industry interest and a robust pipeline of proposals under the scheme.
The initiative is designed to significantly enhance domestic value addition and technological capability in the white goods sector. Under the scheme, air conditioner manufacturers will produce high-value components such as compressors, copper tubes, control assemblies for indoor and outdoor units, heat exchangers, BLDC motors, sheet metal parts and other critical sub-assemblies. In the LED lighting segment, the focus includes LED chip packaging, drivers, engines, light management systems and metallised films for capacitors, among other components.
The Production Linked Incentive Scheme for White Goods was approved by the Union Cabinet on 7 April 2021 with a total outlay of ₹6,238 crore and is being implemented from FY 2021–22 to FY 2028–29. The scheme was notified by the Department for Promotion of Industry and Internal Trade on 16 April 2021. It offers incentives ranging from 6 per cent to 4 per cent on a reducing basis on incremental sales for a period of five years, following a base year and a one-year gestation period.
A key objective of the scheme is to create a robust domestic component ecosystem and substantially raise domestic value addition in air conditioners and LED lights from the current 20–25 per cent to an estimated 75–80 per cent. The initiative is expected to support large-scale manufacturing, employment generation, technology absorption and long-term competitiveness of Indian industry.
Through sustained policy support and industry participation, the PLI Scheme for White Goods continues to play a pivotal role in advancing India’s manufacturing capabilities, reducing import dependence and positioning the country as a reliable global manufacturing hub.
Annexure
Applicants provisionally selected in the fourth round of the PLI Scheme for White Goods
Kirloskar Pneumatic Company Limited
Products: Compressors, Motors, Heat Exchangers, Sheet Metal Components
Committed Investment: ₹320 crore
Indo Asia Copper Limited
Products: Copper Tubes (Plain and or Grooved)
Committed Investment: ₹258.97 crore
Godrej and Boyce Manufacturing Company Limited
Products: Heat Exchangers, Sheet Metal Components, Plastic Moulding Components
Committed Investment: ₹58.69 crore
Kryon Technology Private Limited
Products: Control Assemblies for IDU or ODU or Remotes, Motors
Committed Investment: ₹175 crore
Pranav Vikas India Private Limited
Products: Motors, Cross Flow Fan, Valves and Brass Components, Heat Exchangers, Sheet Metal Components
