The Government has selected five companies in the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods, with a committed investment of 863 crore rupees. The Ministry of Commerce and Industry stated that these five companies are engaged in the manufacturing of air conditioner (AC) components and are expected to achieve a total production of over 8 thousand 300 crore rupees and generate 1,799 additional direct jobs by the Financial Year 2027-28.

 

The Ministry said the five firms were picked provisionally after evaluation of 13 applications received in the fourth round under the PLI Scheme for White Goods. It is informed that with the latest round, a total of 85 companies have now been selected under the PLI Scheme for White Goods, covering air conditioners and LED lights. These firms are expected to make investments of 11 thousand 198 crore rupees and achieve a cumulative production of 1 lakh 90 thousand crore rupees over the scheme period.

 

As per the Ministry, this initiative is expected to significantly strengthen domestic manufacturing capabilities and drive economic growth in the sector. Under the scheme, manufacturers of Air Conditioners will produce components such as compressors, copper tubes, control assemblies for IDUs and ODUs, heat exchangers, and BLDC motors, among others.