#

Books & Magazines

Prelims Wallah (Q&A Bank)

Udaan

Udaan 500+

Budget & Economic Survey

Monthly Current Wallah

Weekly Current Wallah

Editorial Summary

Editorial Q&A Compilation

NCERT Wallah

Prahaar (Mains Wallah)

Marks Booster

Mains Wallah (Q&A Bank)

UPSC PYQs

UPSC Notes

CA & Editorials

Daily Current Affairs

Subject Wise Current Affairs

Editorial Analysis

Other Resources

Home/Current Affairs/PLI Scheme For White Goods

PLI Scheme For White Goods

8 Feb 2024

Context: 

A committed investment of 6766 crores has been approved under the Production Linked Incentive Scheme (PLI) for White Goods containing Air Conditioners and LED lights.

PLI Scheme for White Goods: Key Highlights

  • 64 Applicants are approved under the project.
  • All the  companies who opted for Gestation Period 2021-22 have been commissioned and achieved 234% of their total threshold investment.

PLI Scheme For White Goods (Air Conditioners and LED Lights): 

  • Nodal Agency: Ministry of Commerce.
  • Tenure: 5 years from FY 2021-22 to FY 2028-29.
  • Objective: To create a complete component ecosystem for the Air Conditioners and LED Lights Industry in India and make India an integral part of the global supply chains.
  • Target segments: High-value and/ or Low-value intermediaries for production of AC & LED Lights
  • Incentives: The scheme will extend an incentive of 4-6% on incremental turnover over base year (2019-20) of goods sold in India and exported to global markets, to eligible companies for a period of 5 years.

What Are White Goods?

  • White goods refer to heavy consumer durables or large home appliances, which were traditionally available only in white.
    • Examples:  washing machines, air conditioners, stoves, refrigerators, etc.

White Goods

  • They are consumer durables made of enamel-coated sheet steel 
  • Indian white goods industry:  The Indian appliance and consumer electronics (ACE) market reached INR 76,400 crore in 2019 and is expected to double to reach INR 1.48 lakh crore  by 2025

 

Production Linked Incentive Scheme

  • Total budget: Production Linked Incentive Scheme was approved in 2020 with an outlay of INR 1.97 Lakh Crores  across 14 key sectors
  • Sectors:Their are total 14 sectors namely,
  • Objective: To make manufacturing in India globally competitive by removing sectoral disabilities, creating economies of scale, and ensuring efficiencies.
    • It is designed to create a complete component ecosystem in India and make India an integral part of the global supply chains. 

 

Also Read: India’s Push For Energy Efficiency By EESL

News Source: News on AIR

Must Read
NCERT Notes For UPSC UPSC Daily Current Affairs
UPSC Blogs UPSC Daily Editorials
Daily Current Affairs Quiz Daily Main Answer Writing
UPSC Mains Previous Year Papers UPSC Test Series 2024

 

Print Friendly, PDF & Email

Archive Calendar

Mon Tue Wed Thu Fri Sat Sun
 12
3456789
10111213141516
17181920212223
24252627282930

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

Aiming for UPSC?

Download Our App

# #

Download Our App

# #

Contact Details

Copyright © 2025 PWOnlyIAS
Privacy Policy Terms & Condition

Aiming for UPSC?

Download Our App

# #
      

Follow Us:

Contact Details

Download Our App

# #
Copyright © 2025 PWOnlyIAS
Privacy Policy Terms & Condition
Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">






    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.