The Home Appliances Production Linked Incentive (PLI) program has attracted new interest from 19 additional companies who have applied for investments worth ₹1,548 crore to manufacture LED lights and AC components.
The Department for Trade and Industry said eight AC component manufacturing companies and 11 LED lighting companies have applied, aiming to achieve total output of around £26,880 million and 5,522 direct jobs over the next five years to accomplish.
LG Electronics, Crompton Greaves, Mitsubishi Electric, Adani Copper Tubes, Jindal Poly Films and Wipro are among the companies that have applied this time after a new call for proposals was launched in March this year. The government had previously approved 42 companies with committed investments of ₹4,614 crore.
