83 applicants with investment of Rs 10,406cr to benefit from PLI
The application window for the PLI Scheme for White Goods (ACs and LED Lights) is being reopened based on the appetite of the industry to draw invest more under the Scheme, which is an outcome of the growing market and confidence generated due to manufacturing of key components of ACs and LED Lights in India under the PLIWG Scheme.
The Scheme is to be implemented over a seven-year period, from FY 2021-22 to FY 2028-29 and has an outlay of Rs.6,238 crore https://www.commerce.gov.in/.
So far, 83 applicants with committed investment of Rs 10,406 crore have been selected as beneficiaries under the PLI scheme. The investments will lead to manufacturing of components of Air Conditioners and LED Lights across the complete value chain including components which are not manufactured in India presently with sufficient quantity, the Ministry of Commerce and Industry said on 14 Sept, announcing the PLI scheme reopening https://fieo.org/.
The application window is being opened on the same terms & conditions stipulated in PLIWG Scheme notified on 16 April 2021 and PLIWG Scheme Guidelines issued on 4 June 2021, as amended from time to time https://www.nseindia.com/.
The application window for the Scheme shall remain open for the period from 15th September, 2025 to 14th October, 2025 (both dates inclusive) on the same on-line portal having URL as https://pliwg.dpiit.gov.in/ .
No application shall be accepted after the closure of the application window, said the Ministry https://www.bseindia.com/.
The Cabinet had given approval for the PLI Scheme for White Goods for manufacture of components and sub-assemblies of Air Conditioners (ACs) and LED Lights on 7 April 2021 to bring manufacturing at the centre stage and emphasise its significance in driving India’s growth and creating jobs. Fiinews.com
