Production-Linked Incentive (PLI) Scheme for White Goods: Five Firms Selected with ₹863 Crore Investment

Key facts

• The Ministry of Commerce and Industry provisionally selected five applicants with a committed investment of ₹863 crore under the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods.
• The selected beneficiaries are Kirloskar Pneumatic, Indo Asia Copper, Godrej & Boyce Manufacturing Company, Kryon Technology, and Pranav Vikas (India).
• The individual investment commitments include ₹320 crore by Kirloskar Pneumatic, ₹258.97 crore by Indo Asia Copper, ₹175 crore by Kryon Technology, ₹58.69 crore by Godrej & Boyce, and ₹50 crore by Pranav Vikas (India).
• These five firms are projected to achieve a total production value of ₹8,337.24 crore and generate additional direct employment for 1,799 persons by 2027-28.
• The PLI Scheme provides incentives ranging from 6 per cent to 4 per cent on a reducing basis on incremental sales for five years following a one-year gestation period.
• The Union Cabinet approved the scheme in April 2021 with a total outlay of ₹6,238 crore for implementation between 2021-22 and 2028-29.
• The initiative aims to increase domestic value addition in the air-conditioner and LED light industries from the current 20-25 per cent to 75-80 per cent.
• The application window for this fourth round of the scheme was open from September 15 to November 10, 2025.
• The remaining eight applicants from the fourth round are being referred to the Committee of Experts (CoE) for further examination and recommendations.