The Ministry of Commerce and Industry has announced the provisional selection of five companies under the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods. The decision follows the evaluation of 13 applications received during the latest round of the scheme.
According to the ministry, the selected companies have committed a total investment of ₹863 crore and are all involved in the manufacturing of air conditioner (AC) components.
The five companies approved under the latest round are:
Kirloskar Pneumatic
Indo-Asia Copper
Godrej & Boyce Manufacturing
Kryon Technology
Pranav Vikas (India)
These firms are expected to play a key role in strengthening India’s domestic AC component manufacturing ecosystem.
According to the Commerce Ministry, the five selected companies are projected to:
Generate total production of ₹8,337.24 crore
Create 1,799 additional direct jobs
Strengthen local supply chains for AC manufacturing
The outcomes are expected to be achieved by FY 2027–28, aligning with the scheme’s long-term objectives.
With the latest selections, a total of 85 companies have now been approved under the PLI Scheme for White Goods, covering both air conditioners and LED lights.
As per the ministry:
Total committed investment: ₹11,198 crore
Expected cumulative production: ₹1,90,050 crore over the scheme period
Meanwhile, eight applicants from the fourth round have been referred to the Committee of Experts (CoE) for detailed evaluation and recommendations.
Under the PLI White Goods scheme, approved AC manufacturers will produce:
Compressors
Copper tubes
Control assemblies for indoor and outdoor units
Heat exchangers
BLDC motors
For LED lights, domestic manufacturing will focus on:
LED chip packaging
LED drivers
LED engines
Light management systems
Metallised films for capacitors
The Union Cabinet approved the PLI Scheme for White Goods (Air Conditioners and LED Lights) on April 7, 2021, with a total financial outlay of ₹6,238 crore.
The scheme:
Is implemented from FY 2021–22 to FY 2028–29
Was officially notified by DPIIT on April 16, 2021
The PLI White Goods scheme offers:
Incentives ranging from 6% to 4%
Applicable on incremental sales
For a period of five years, after a one-year gestation period
The scheme aims to:
Increase domestic value addition from 20–25% currently
To 75–80% over the long term
Position India as a key global manufacturing hub for white goods components
The PLI White Goods scheme is a critical pillar of the Make in India initiative, targeting:
Reduced import dependence
Stronger component ecosystems
Higher employment generation
Greater participation in global supply chains
With fresh approvals under the fourth round, the government continues to accelerate momentum in India’s white goods manufacturing sector.