15 companies selected for second round of white goods PLI scheme

Out of 19 applications received, the Centre has selected 15 applicants under the 2nd round of the PLI scheme in white goods with a committed investment of Rs 1,368 crore, the Ministry of Commerce & Industry said in a press release on Tuesday.
Shortlisted applications include six for manufacturing ACs components with committed investments of Rs 908 crore and 9 for LED Lights components with committed investments of Rs 460 crore. These 15 companies will have total production worth Rs 25,583 crore over five years and generate additional direct employment of 4,000 persons, the ministry said.

Anil Agrawal, Additional Secretary, DPIIT said that as a result of PLI, the domestic value addition in these segments is expected to grow from the current 15-20% to 75-80%.

Around 52 companies had filed their applications and 46 applicants with a committed investment of Rs 5,264 crore were selected in the first round of applications.

The scheme is expected to lead to a total production of components of ACs and LED Lights of about Rs 1,22,671 crore over five years, the ministry said.

The Cabinet had given its nod to the scheme in April 2021, to be implemented from FY 2021-22 to FY 2028-29 with an outlay of Rs 6,238 crore.

Applicants provisionally selected in the 2nd Round of PLI Scheme for White Goods

1. Air Conditioners
Adani Copper Tubes Ltd.,
LG Electronics India Private Ltd,
Starion India Pvt. Ltd.,
Kaynes Technology India Ltd.,
Mitsubishi Electric India Pvt. Ltd.,
Swaminathan Enterprises Private Ltd.,

2. LED Lights
Jindal Poly Films Ltd.,
Sahasra Semiconductors Private Ltd.,
Konark Fixtures Ltd.,
WIPRO Enterprises Pvt. Ltd.,
Lumens Aircon Pvt. Ltd.,
SVN OPTO Electronics PVT LTD,
Crompton Greaves Consumer Electricals Ltd.,
Elin Electronics Ltd.,
ESKO Casting & Electronics Pvt. Ltd.,

Applicants referred to the Committee of Experts (CoE)

ZECO Aircon Ltd.,
EMM ESS Aircon Private Ltd.,
Speedofer India Private Ltd.,
SIMOCO Telecommunications (south asia) Ltd.