Ministry of Commerce & Industry
15 companies selected under 2nd Round of PLI Scheme for White Goods (ACs and LED Lights) with committed investment of Rs 1,368 crore
6 AC Companies to invest Rs 908 crore; 9 LED Companies to invest Rs 460 crore
Production worth Rs 25,583 crore expected over next 5 years, creating additional direct employment of about 4,000 persons
Altogether, 61 companies under the PLI Scheme for White Goods to bring investments of Rs 6,632 crore, production worth Rs 1,22,671 crore and create 46,368 additional direct employment
As a result of PLI in White Goods, domestic value addition expected to grow from the current 15-20% to 75-80%, Shri Anil Agrawal, Additional Secretary, DPIIT.
Posted On:
28 JUN 2022 1:34PM by PIB Delhi
A total of 15 applicants have been selected under the 2nd round of the PLI scheme in White Goods. After evaluation of the 19 applications received in the second round, 15 applicants with committed investment of Rs 1,368 crore have been chosen. These include 6 for manufacturing ACs components with committed investments of Rs 908 crore and 9 for LED Lights components with committed investments of Rs 460 crore. These 15 companies will have total production worth Rs 25,583 crore over five years and generate additional direct employment of 4,000 persons.
Four applicants are being referred to the Committee of Experts (CoE) for examination and its recommendations. The details of applicants are placed at Annexure.
Speaking at a press conference in New Delhi today, Shri Anil Agrawal, Additional Secretary, DPIIT said that as a result of PLI, the domestic Value Addition in these segments is expected to grow from the current 15-20% to 75-80%. He said the PLI scheme and other regulatory measures including Quality Control Orders, Standards & Labels had given a big boost to Make In India and Atmanirbhar Bharat in ACs and LEDs.
In the first round of applications, 52 companies had filed their applications and 46 applicants with committed investment of Rs 5,264 crore were selected.
Altogether, 61 applicants approved in both the Rounds are expected to bring investments in component manufacturing eco-system of ACs and LED Lights industry to the tune of Rs 6,632 crore and generate approx. 46,368 direct employment opportunities. The Scheme is expected to lead to total production of components of ACs and LED Lights of about Rs 1,22,671 crore over five years.
For Air Conditioners, companies will be manufacturing copper tubing, compressors, control assemblies for IDU or ODU, Heat Exchangers and BLDC motors among other components. Similarly, for LED Lights, LED Chip packaging, LED Drivers, LED Engines, LED Light Management Systems and Metallized films for capacitors etc. will be manufactured in India.
The PLI Scheme on White Goods is designed to create complete component ecosystem for Air Conditioners and LED Lights Industry in India and make India an integral part of the global supply chains. The Scheme extends an incentive of 6% to 4% on reducing basis on incremental sales for a period of five (5) years subsequent to the base year and one year of gestation period.
The Union Cabinet had given approval to the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED lights) on 7th April 2021, to be implemented from FY 2021-22 to FY 2028-29 with an outlay of Rs 6,238 Crore.
*****
Annexure
Table1: Applicants provisionally selected in the 2nd Round of PLI Scheme for White Goods
(i). Air Conditioners
|
Sl.
|
Applicant
|
Products to be manufactured
|
Gestation period
|
Committed Investment
(RsCrore)
|
-
|
ADANI COPPER TUBES LIMITED
|
- Copper Tube (Plain and/or grooved)
|
Upto03/23
|
408.00
|
-
|
LG ELECTRONICS INDIA PRIVATE LIMITED
|
- Compressors
- Control Assemblies for IDU or ODU or Remotes
- Motors
- Heat exchangers
- Plastic Moulding components
|
Upto03/23
|
300.00
|
-
|
STARION INDIA PVT LTD
|
1. Control Assemblies for IDU or ODU or Remotes
2. Cross Flow Fan (CFF)
3. Heat exchangers
4. Sheet Metal Components
5. Plastic Moulding components
|
Upto03/23
|
50.10
|
-
|
KAYNES TECHNOLOGY INDIA LIMITED
|
1. Control Assemblies for IDU or ODU or Remotes
2. Plastic Moulding components
3. Display Panels (LCD/ LED)
|
Upto03/23
|
50.00
|
-
|
MITSUBISHI ELECTRIC INDIA PRIVATE LIMITED
|
1. Control Assemblies for IDU or ODU or Remotes
2. Cross Flow Fan (CFF)
3. Heat exchangers
|
Upto03/23
|
50.00
|
-
|
SWAMINATHAN ENTERPRISES PRIVATE LIMITED
|
- Motors
|
Upto03/23
|
50.00
|
|
Total
|
|
908.10
|
(ii) LED Lights
|
Sl.
|
Applicant
|
Products to be manufactured
|
Gestationperiod
|
Committed Investment
(RsCrore)
|
|
1.
|
JINDAL POLY FILMS LIMITED
|
1. Metalized film for capacitors
|
Upto03/23
|
360.00
|
|
2.
|
SAHASRA SEMICONDUCTORS PRIVATE LIMITED
|
11. LED Drivers
|
Upto03/23
|
20.00
|
|
3.
|
KONARK FIXTURES LIMITED
|
1. LED Drivers
2. LED Modules
3. Mechanicals- Housing
4. Diffusers
5. LED Light Management Systems (LMS)
6. Printed Circuit Boards (PCB) including Metal Clad PCBs
7. LED Transformers
|
Upto03/23
|
16.55
|
|
4.
|
WIPRO ENTERPRISES PRIVATE LIMITED
|
1. LED Drivers
2. LED Light Management Systems (LMS)
|
Up to 03/23
|
12.00
|
|
5.
|
LUMENS AIRCON PRIVATE LIMITED
|
1. LED Drivers
2. LED Modules
3. Mechanical- Housing
4. Diffusers
|
Up to 03/23
|
10.50
|
|
6.
|
SVN OPTO ELECTRONICS PVT LTD
|
1. LED Drivers
2. LED Engines
3. LED Modules
4. Mechanicals – Housing
5. Diffusers
|
Up to 03/23
|
10.33
|
|
7.
|
CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED
|
1. LED Drivers
2. LED Modules
3. Mechanicals- Housing
4. Diffusers
5. LED Light Management Systems (LMS)
6. LED Engines
|
Upto03/23
|
10.15
|
|
8.
|
ELIN ELECTRONICS LIMITED
|
1. LED Drivers
2. LED Engines
3. LED Modules
4. Mechanicals – Housing
5. Diffusers
|
Up to 03/23
|
10.00
|
|
9.
|
ESKO CASTING AND ELECTRONICS PRIVATE LIMITED
|
1. LED Drivers
2. LED Engines
3. Mechanicals –Housing
4. LED Light Management Systems (LMS)
|
Upto03/23
|
10.00
|
|
Total
|
|
459.53
|
Table2: Applicants referred to the Committee of Experts (CoE)
|
Sl.
|
Applicant
|
Products to be manufactured
|
Gestation period
|
Committed Investment
(RsCrore)
|
|
1.
|
ZECO AIRCON LIMITED
|
1. Heat Exchangers
2. Sheet Metal components
|
Upto03/23
|
100.00
|
|
2.
|
EMM ESS AIRCON PRIVATE LIMITED
|
1. Control Assemblies for IDU or ODU or Remotes,
2. Cross Flow Fan (CFF),
3. Valves & Brass components,
4. Sheet Metal components,
5. Plastic Moulding components
|
Upto03/23
|
52.00
|
|
3.
|
SPEEDOFER INDIA PRIVATE LIMITED
|
1. Ferrite Cores
|
Upto03/23
|
18.00
|
|
4.
|
SIMOCO TELECOMMUNICATIONS (SOUTH ASIA) LIMITED
|
1. LED Drivers
2. LED Engines
3. LED Modules
4. Wire Wound Inductors
5. Drum Cores
6. LED Light Management Systems (LMS)
7. Printed Circuit Boards (PCB) including Metal Clad PCBs
8. LED Transformers
|
Upto03/23
|
10.63
|
|
Total
|
|
180.63
|
*****
AM
(Release ID: 1837544)
Visitor Counter : 4693