15 more firms selected under PLI scheme

The Union government declared that 15 businesses, with committed investments totaling Rs 1,368 crore, have been provisionally selected as recipients under the production linked incentive (PLI) scheme for the white goods sector. These businesses include Adani Copper Tubes, LG Electronics, and Wipro Enterprises.

42 businesses, including Daikin, Panasonic, Syska, and Havells, with a pledged investment of Rs 4,614 crore, were chosen in November of last year.

After getting interest from a number of companies, the government reopened the application window for its Rs. 6,238 crore PLI programme for air conditioners (ACs) and LED lights in March of this year in an effort to accommodate more enterprises. For this round, 19 firms submitted applications.

 

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