PLI SCHEME REOPENS: WILL ACs AND LEDS GET CHEAPER SOON?

The Government of India has taken a significant step to promote companies manufacturing air conditioners (ACs) and LED lights in the country. Under the Production-Linked Incentive (PLI) scheme, the government has given companies another opportunity to apply. This move comes as firms are showing strong interest in the sector, and the market is performing well. The initiative is expected to strengthen the manufacturing process of white goods in India. It will not only attract large investors but also provide a boost to domestic manufacturing.

- Teji Mandi

What's Happening?

The government has reopened the PLI scheme for AC and LED light manufacturers for the fourth time. Companies interested in participating can apply between September 15, 2025, and October 14, 2025. The scheme was first launched in April 2021 with a total budget allocation of Rs 6,238 crore. The objective is to promote the domestic manufacturing of AC and LED light components within India. The scheme will run from 2021-22 to 2028-29.

Objective of the Scheme