Adani, LG among 15 firms chosen by DPIIT for round-2 of white goods PLI

Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities

As many as 15 companies, including Adani Copper Tubes, LG Electronics and Crompton Greaves with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the government’s production-linked incentive (PLI) scheme for the white goods, department for promotion of industry and internal trade(DPIIT) said on Tuesday.

These applicants were selected under the second round of the PLI scheme for white goods--air conditioners (ACs) and LED lights.

Six companies will make ACs components with committed investments of Rs 908 crore, while nine companies have opted for the production of LED light components with investments of Rs 460 crore, an official statement