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The government on Tuesday said 15 firms, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore have been provisionally selected as beneficiaries under the production linked incentive (PLI) scheme for the white goods sector.
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.
“After evaluation of the 19 applications received in the second round,15 applicants with committed investment of Rs 1,368 crore have been provisionally selected as beneficiaries,” the commerce and industry ministry said.
Four applicants are being referred to the Committee of Experts (CoE) for examination and its recommendations.
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As a result of PLI, the domestic Value Addition in these segments is expected to grow from the current 15-20% to 75-80%,Anil Agrawal, Additional Secy, DPIIT said.
He also added that 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 a 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.
In November last year, 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore were selected.
The PLI scheme on white goods is designed to create a complete component ecosystem for the ACs and LED industry in India and make India an integral part of the global supply chains.
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
Upto 03/23
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
Upto 03/23
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
Upto 03/23
50.00
SWAMINATHAN ENTERPRISES PRIVATE LIMITED
Motors
Upto 03/23
50.00
Total
908.10
(ii) LED Lights
Sl.
Applicant
Products to be manufactured
Gestation Period
Committed Investment
(RsCrore)
1.
JINDAL POLY FILMS LIMITED
1. Metalized film for capacitors
Up To 03/23
360.00
2.
SAHASRA SEMICONDUCTORS PRIVATE LIMITED
11. LED Drivers
03/23
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
Upto 03/23
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
Upto 03/23
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
Upto 03/23
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
Upto 03/23
52.00
3.
SPEEDOFER INDIA PRIVATE LIMITED
1. Ferrite Cores
Upto 03/23
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
Upto 03/23
10.63
Total
180.63 (combined with agency inputs)
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