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.
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 on
28 June 2022, 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.No |
Applicant |
Products
to be manufactured |
Gestation
period |
Committed
Investment (Rs Crore) |
|||
|
1. |
ADANI
COPPER TUBES LIMITED |
1.
Copper Tube (Plain and/or grooved) |
Upto
03/23 |
408.00 |
|||
|
2. |
LG
ELECTRONICS INDIA PRIVATE LIMITED |
1.
Compressors 2.
Control Assemblies for IDU or ODU or
Remotes 3.
Motors 4.
Heat exchangers 5.
Plastic Moulding components |
Upto
03/23 |
300.00 |
|||
|
3. |
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 |
|||
|
4. |
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 |
|||
|
5. |
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 |
|||
|
6. |
SWAMINATHAN
ENTERPRISES PRIVATE LIMITED |
1.
Motors |
Upto
03/23 |
50.00 |
|||
|
|
Total |
|
|
908.10 |
|||
|
(ii)
LED Lights |
|||||||
|
Sl.No. |
Applicant |
Products
to be manufactured |
Gestation
period |
Committed
Investment (Rs. Crore) |
|||
|
1. |
JINDAL
POLY FILMS LIMITED |
1.
Metalized film for capacitors |
Upto
03/23 |
360.00 |
|||
|
2. |
SAHASRA
SEMICONDUCTORS PRIVATE LIMITED |
1.
LED Drivers |
Upto
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) |
Upto
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) |
Upto
03/23 |
10.00 |
|||
|
|
Total |
|
|
459.53 |
|||
Table2:
Applicants referred to the Committee of Experts (CoE)
|
Sl.No |
Applicant |
Products
to be manufactured |
Gestation
period |
Committed
Investment (Rs. Crore) |
|
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 |
Upto03/23 |
10.63 |
|
|
Total |
|
|
180.63 |