In November 2021, the government had selected 42 companies, including Daikin, Hitachi, Panasonic, Voltas, Blue Star, Mettube, Dixon and Havells, which had committed investments of Rs 4,614 crore for incentives under the PLI scheme. “No application shall be accepted after the closure of the application window,” the Department for the Promotion of Industry and Internal Trade had said. The application window was opened from March 10 to April 25 this year. Interested investors had time up to September 15 last year to apply for the scheme. The PLI scheme was first notified on April 16, 2021, and its guidelines were published on June 4.

Last month, agreeing to industry requests, the government said that it would reopen the application window for the PLI scheme for ACs and LED bulbs to benefit more players. Eight firms have applied for incentives for making AC components, while 11 applicants want to manufacture LED bulbs. Other companies that have applied for the incentive scheme are Jindal Poly films, Zeco Aircon, Starion India and Swaminathan Enterprises. The companies have committed to invest Rs 1,548 crore, which will lead to an incremental production of Rs 26,880 crore over the next five years. The companies include LG Electronics, Mitsubishi Electric, Adani Copper Tubes, Crompton Greaves, Wipro etc. Nineteen companies have applied in the second round for incentives under the Rs 6,238-crore production-linked incentive scheme for white goods.

Pli penc jewelry copper