Government Announces Selection Of Five Firms Under Fourth Round Of PLI Scheme For White Goods

The Ministry of Heavy Industries has finalized five companies under the fourth round of the PLI Scheme for White Goods, a flagship program designed to encourage local production of key consumer electronics. The scheme, which covers air-conditioners and LED lighting components, is part of India’s broader push to reduce dependence on imports and promote indigenous manufacturing.  

The selected companies will receive incentives linked to incremental sales and production, thereby fostering competitiveness and innovation. Officials noted that the scheme has already attracted significant investment commitments in earlier rounds, with this latest selection expected to further accelerate growth in the sector.  

Industry experts believe the move will not only create jobs but also enhance India’s position as a global hub for electronics manufacturing. The government’s focus remains on building resilient supply chains and supporting companies that can deliver both quality and scale.  

Key Highlights  

• Five companies selected under fourth round of PLI Scheme  
• Focus on air-conditioners and LED lighting components  
• Scheme designed to reduce imports and boost domestic manufacturing  
• Incentives tied to incremental sales and production  
• Expected to create jobs and strengthen supply chains  

Conclusion  
The fourth round of selections under the PLI Scheme for White Goods underscores India’s commitment to self-reliance and industrial growth. By supporting domestic manufacturers, the government aims to build a robust ecosystem that can meet rising demand while positioning India as a competitive player in global markets.  

Sources: Economic Times, Business Standard, Financial Express