CALCULATE YOUR SIP RETURNS

PLI Scheme for White Goods: 5 Companies Selected to Drive ₹8,337 Crore in Production

Written by: Team Angel OneUpdated on: 26 Jan 2026, 3:19 pm IST
Five companies have been provisionally selected under the fourth round of the PLI White Goods scheme, committing ₹863 crore investment and targeting ₹8,337 crore production.
PLI Scheme for White Goods: 5 Companies Selected to Drive ₹8,337 Crore in Production
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The Ministry of Commerce and Industry has provisionally selected 5 applicants under the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods, following an evaluation of 13 proposals.  

The selected firms are focused on manufacturing air conditioner (AC) components and have collectively committed investments worth ₹863 crore. 

Key Development: Investment And Manufacturing Expansion 

The 5 selected companies: Kirloskar Pneumatic, Indo-Asia Copper, Godrej & Boyce Manufacturing, Kryon Technology, and Pranav Vikas (India) are projected to achieve total production of ₹8,337.24 crore by FY 2027-28. The projects are also expected to generate around 1,799 new direct jobs over the same period. 

Under this round, eight other applicants have been referred to the Committee of Experts (CoE) for further technical assessment and recommendations before final selection. 

Industry Impact: Strengthening Local Supply Chains 

Overall, 85 firms approved under the PLI Scheme for White Goods, covering air conditioners and LED lighting products  are expected to invest ₹11,198 crore and generate cumulative production of ₹1.9 trillion during the scheme period. 

The initiative is designed to strengthen domestic manufacturing by encouraging production of key AC components such as compressors, copper tubes, heat exchangers, BLDC motors, and electronic control assemblies.  

In LED lighting, domestic manufacturing will include LED chip packaging, drivers, engines, light management systems, and specialised capacitor films. 

Read More: PLI–Auto Scheme: Progress and Impact on Advanced Automotive Manufacturing! 

Conclusion 

The 4th-round approvals under the PLI White Goods scheme reinforce India’s push to build a robust component manufacturing ecosystem, reduce import dependence, and enhance its role in global electronics and appliance supply chains. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 26, 2026, 9:32 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers