India stays cool, thanks to China. Can that change?India anticipates intense heat from April to June. This could strain the air conditioner market. The industry relies on imported components...
21 Apr, 2025, 03.25 PM IST
24 companies secure Rs 3,516 crore investment in third round of PLI scheme for AC & LED componentsThe third round of the PLI Scheme for White Goods has attracted commitments of Rs 3,516 crore from 18 new companies and upgrades from six e...
20 Jan, 2025, 05.36 PM IST
Govt reopens PLI window for white goodsThe Indian government has reopened applications for the PLI scheme for air conditioners and LED lights, allowing companies to invest more i...
08 Jul, 2024, 05.04 PM IST
Govt reopens application window for PLI scheme for ACs, LED lights for 90 daysThe government has announced the reopening of the PLI scheme for white goods, such as ACs and LED lights, from July 15 to October 12. Both ...
08 Jul, 2024, 02.56 PM IST
PLI 2.0 for white goods: 15 companies including Adani Copper Tubes, LG selectedIn March this year, the government had reopened the application window for its Rs 6,238-crore PLI scheme for air-conditioners (ACs) and LED...
29 Jun, 2022, 12.15 AM IST
PG Technoplast receives govt approval under PLI for white goodsThe scheme will be implemented over a seven-year period from 2021-22 to 2028-29 and has an outlay of Rs 6,238 crore, which was approved by ...
08 Nov, 2021, 04.24 PM IST
Govt may further sweeten PLI scheme for AC and LED manufacturersSeveral companies have committed Rs 5,866 crore of investments under the PLI programme for white goods and LED lighting.
20 Sep, 2021, 11.38 AM IST
Centre receives investment proposal of Rs 6,000 crore for PLI in white goodsManish Sharma, chair for electronics manufacturing committee at Ficci, said the total investment proposal which the government has received...
17 Sep, 2021, 10.53 AM IST
PLI for AC component manufacturing to help build ecosystem, reduce dependency on imports: IndustryGovernment said as many as 31 companies, including Voltas, Daikin, Panasonic, Hitachi, Blue Star and Havells, have applied for availing PLI...
16 Sep, 2021, 10.36 PM IST
PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 croreVoltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-l...
08 Sep, 2021, 06.21 AM IST
Co to refund PLI sops, invoke bank guarantee if midway exit: DPIIT in FAQThe department said that midway exit by a selected applicant without fulfilling investment criteria thwarts one of the selection criterias ...
17 Aug, 2021, 03.27 PM IST
PG Electroplast lines up Rs 100 cr investment for FY22; to focus on enhancing AC manufacturing capacityThe company, which had to put on hold its capex plans when the first wave of COVID-19 pandemic hit India last year, is now going ahead with...
27 Jun, 2021, 12.14 PM IST
From ACs to LED lights, what the PLI booster dose can do for India’s white goods sectorThe Government has been ambitious in rolling out large sums for incentivising manufacturing in India. For the white goods sector also, the ...
29 May, 2021, 10.27 AM IST
PLI scheme for ACs to boost production, value addition: ICEA“Since last twenty years, AC industry has travelled a journey from few thousands units to 7.0 millions air conditioners being sold as of la...
08 Apr, 2021, 06.49 PM IST
White goods industry welcomes govt's PLI scheme for air-conditioners and LED lightingThe union cabinet on Wednesday approved the PLI scheme for these two products with a budgetary outlay of Rs 6,238 crore as part of the gove...
07 Apr, 2021, 08.13 PM IST
PLI scheme for air-conditioners, LED lighting to focus on component production, exportsCommerce and industry minister Piyush Goyal held a detailed consultation with the industry on Tuesday on how to make India a global product...
03 Mar, 2021, 06.55 PM IST
DPIIT sends PLI proposal for LEDs, ACs to expenditure finance committee for approvalThe government in November approved the PLI scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the tota...
28 Dec, 2020, 03.35 PM IST