24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crore in Third Round.

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24 Companies selected under PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs. 3,516 crore in Third Round.


18 new companies committed investments of Rs. 2,299 crore and 6 existing PLI beneficiary committed additional investment of Rs. 1,217 crore

15 AC Companies to invest Rs. 3,260 crore, 9 LED Companies to invest Rs. 256 crore

Total of 84 companies under the PLI Scheme for White Goods (ACs and LED Lights) are set to bring investments of Rs 10,478 crore, resulting in production worth Rs 1,72,663 crore during the Scheme period

Posted On: 20 JAN 2025 12:20PM by PIB Delhi

With a total of 24 beneficiaries committing investment of Rs 3,516 crore in the third round, the PLI Scheme is poised to significantly boost the production of Components of ACs & LED Lights across India. In the third round of the on-line application window of the Production-Linked Incentive (PLI) Scheme , a total of 38 applications were received. After reviewing these applications, the government has provisionally selected 18 new companies. These companies include 10 manufacturers of components of Air Conditioners and 8 manufacturers of LED Lights, with committed investment of Rs 2,299 crore.

In addition, 6 existing PLI beneficiaries have been provisionally selected to upgrade to higher investment categories, committing an additional investment of Rs 1,217 crore.

13 applicants including two existing applicants are being referred to the Committee of Experts (CoE) for examination and its recommendations. The details of applicants are placed at Annexure.

One of the applicants has decided to opt out from the scheme and has withdrawn the application.Altogether, 84 companies under the PLI Scheme for White Goods are set to bring investments of Rs. 10,478 crore, resulting in production worth Rs 1,72,663 crore.

This move is expected to bolster the manufacturing capabilities and economic growth in the sector. For Air Conditioners, companies will be manufacturing components like, compressors, copper tubes (plain and/or grooved control assemblies for IDU or ODU, Heat Exchangers and BLDC motors among others. Similarly, for LED Lights, LED Chip packaging, LED Drivers, LED Engines, LED Light Management Systems and Metallized films for capacitors etc. will be manufactured in India.

The Union Cabinet had given approval to the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED lights) to be implemented over FY 2021-22 to FY 2028-29 with an outlay of Rs 6,238 Crore on 7th April 2021. The Scheme was notified by DPIIT on 16.04.2021.

The PLI Scheme on White Goods is designed to create a robust component ecosystem for Air Conditioners and LED Lights Industry in India and make India an integral part of the global supply chains. The Scheme extends an incentive of 6% to 4% on reducing basis on incremental sales for a period of five (5) years subsequent to the base year and one year of gestation period. Domestic Value Addition is expected to grow from the current 15-20% to 75-80%.

Annexure

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

  1.  Air Conditioners (Gestation Period FY 2021-23)
S.noApplicant NameEligible ProductsCommitted Investment (Rs. in cr.)
1Jupiter Aluminium Industries Private Limited1. Aluminum Stock for Foils or Fins for heat exchangers             618.00
2Ram Ratna Wires Limited1. Copper Tube (plain and/or grooved)
2. Aluminum Stock for Foils or Fins for heat exchangers
             253.00
3SMEL Steel Structural Private Limited1. Aluminum Stock for Foils or Fins for heat exchangers             541.29
4Voltas Components Private Limited (Formerly Known As Hi-Volt Enterprises Private Limited)Compressor including oil free and high capacity                       256.73
5Next Generation Manufacturers Private Limited1. 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
6Neemrana Steel Service Center India Private Limited (Earlier Known As Sumikin Bussan Steel Services Centre India Pvt.Ltd)1. Sheet Metal components               66.15
7Clad Metal India Private Limited1. Control Assemblies for IDU or ODU or Remotes
2. Valves & Brass components
3. Heat exchangers
4. Sheet Metal components
               50.03
8Malhotra Electronics Private Limited1. 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
9MIRC Electronics Limited1. 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
10Smile Electronics Limited1. 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.noApplicant NameEligible ProductsCommitted Investment(Rs. in cr.)
1Ikio Solutions Private Limited1.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
2Lumax Industries Limited1. LED Drivers               60.00
3Neolite ZKW Lightings Private Limited1.LED Modules               23.66
4Dhruv Industries Limited1. Metallized film for capacitors               16.00
5Uno Minda Limited1.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
6HQ Lamps Manufacturing Co. Private Limited1.LED Drivers
2.Mechanicals-Housing
               10.00
7Intelux Electronics Private Limited1. 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
8Hella India Automotive Private Limited1. LED Drivers                          17.84
 Total 239.82

Existing Applicants moving to higher category

(Rs. in cr.)

S.NoApplicant NameEligible ProductsGestation period (FY)ExistingCommittedInvestmentRevised CommittedInvestmentAddl. Commitment Investment 
AC(Components)     
1Hindalco Industries Limited1. Aluminum Stock for Foils or Fins for heat exchangers
2. Copper Tube (plain and/or grooved)
   2021-23   539   899                  360.00
2LG Electronics India Private Limited1. 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
3Mettube Copper India Pvt Ltd Copper Tube (plain and/or grooved) 2021-23 300.21 328.0827.87
4Blue Star Climatech Limited1. Control Assemblies for IDU or ODU or Remotes ,
2. Heat exchangers
3.Sheet Metal components
   2021-23   156   336180.00
5Voltas Limited1. Control Assemblies for IDU or ODU or Remotes
2. Cross Flow Fan (CFF)
3. Heat exchangers
4. Sheet Metal components
5. Plastic Moulding components                    6. Display Panelas (LCD/LED)
      2021-23      100      300200.00
 Sub-total    1200.87 
 LED Components    
6Halonix Technologies Private Ltd1. 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     29.6616.61
 Sub-total     16.61
 Total    1,217.48

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

  1. Air Conditioners (Gestation Period FY 2021-23)
S.noApplicant NameEligible ProductsCommitted Investment(Rs. in cr.)
1 KRN HVAC Products Private Limited1. Heat exchangers             141.72
2Topband India Private Limited1. Control Assemblies for IDU or ODU or Remotes.                    
2. Display Panels (LCD/LED)
              50.00
3Veira Electrotech Private Limited1. 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
4Atomberg Innovation Private Limited1. Control Assemblies for IDU or ODU or Remotes      
2. Motors
              50.20
5Star Eltech Manufacturing India Private Ltd1.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.noApplicant NameEligible ProductsCommitted Investment(Rs. in cr.)
1Calcom Kadapa Private Limited1. LED Driver
2. LED Modules
3. LED Engines
4. Mechanicals- Housing
5. LED Light Management System                          6. Heat Sinks                         7.Diffusers
101
2Sheetal Electrotech Private Limited1. LED Driver
2. LED Modules
3. Mechanical Housing
4. Diffusers
5. LED Light Management System
              10.20
3Prakash Elcomp Manufacturing Pvt Ltd1. Resistors
2. Wire Wound Inductors
3.Capacitors
4. Printed Circuit Boards (PCB) including Metal Clad PCBs
5. LED Chips
22
4Larica Led Products Private Limited1.Printed Circuit Boards (PCB) including Metal Clad PCBs
2.Mechanicals- Housing
3.LED Drivers
10
5Silver Consumer Electricals Private Limited1. Mechanicals- Housing
2. Diffusers
3.LED Engines
4. LED Drivers
5. Printed Circuit Boards (PCB) including Metal Clad PCBs
20.23
6VG Electronics Private Limited1. Printed Circuit Boards (PCB) including Metal Clad PCBs10.20
 Total 173.63

Existing applicants

(Rs. in cr.)

S.noApplicant NameEligible ProductsGestation Period (FY)Existing CommittedInvestmentRevisedCommittedInvestmentAddl. CommittedInvestment
AC(Components)     
1Virtuoso Optoelectronics Limited1. 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      10049.5  
 
LED (Components)    
1CALCOM VISION LIMITED1. LED Driver
2. LED Modules
3. LED Engines
4. Mechanical- Housing
5. Heat Sinks                            6. Diffusers                         7. LED Management systems
    2021-22    10     2515

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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