1 min read Source: PIB
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Why in News?

The Government of India has selected five companies in the fourth round of the PLI Scheme for White Goods, with a committed investment of β‚Ή863 crore, to boost domestic manufacturing of Air Conditioners (ACs) and LED lights.

What is the PLI Scheme for White Goods?

  • A Central Sector Scheme providing performance-linked financial incentives.
  • Incentives are based on incremental sales of domestically manufactured components.
  • Objective:
    • Reduce import dependence
    • Promote domestic value addition
    • Strengthen manufacturing ecosystems for white goods
Key Details
  • Launched: FY 2021–22
  • Implementation period: Till FY 2028–29
  • Target sectors:
    • Air Conditioners (ACs)
    • LED Lights
Nodal & Monitoring Authorities
  • Implementing Ministry: Ministry of Commerce and Industry
  • Monitoring Authority:Empowered Group of Secretaries (EGoS)
    • Chairperson: Cabinet Secretary

Target Segments under the Scheme

1. Air Conditioners
2. LED Lights
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