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ARTICLE · 17 JULY 2024

Production Linked Incentive Scheme For White Goods – Application Window Reopened

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The Indian Government had approved a Production Linked Incentive (PLI) scheme for White Goods (PLIWG Scheme) on 07 April 2021, as part of the ambitious ‘Atmanirbhar Bharat' initiative.

IndiaGovernment, Public Sector
Acuity Law
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The Indian Government had approved a Production Linked Incentive (PLI) scheme for White Goods (PLIWG Scheme) on 07 April 2021, as part of the ambitious 'Atmanirbhar Bharat' initiative. PLIWG Scheme has been designed to create a holistic component ecosystem for Air Conditioners (ACs) and LED lights industry and make India an integral part of the global supply chain. The operating period of PLIWG Scheme is FY 2021-22 to FY 2028-29 with a budget outlay of USD 760.73 mn (INR 62.38 bn).

On 08 July 2024, the Government has reopened the PLIWG Scheme based on the appetite of the industry to invest more under the PLIWG Scheme, which is an outcome of the growing market and confidence generated due to manufacturing of key components of ACs and LED lights in India under the PLIWG Scheme. The application window will be open for 90 days from 15 July 2024 to 12 October 2024. This is the 3rd time that the application window is being reopened, after the first two rounds of

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