§1Who it is for

  • Makers of AC components (compressors, copper tubes, heat exchangers, motors, controls)
  • Makers of LED components (chips, drivers, heat sinks)
  • MSMEs — over 50% of Round 4 applicants

Useful if

Component makers (especially LED) with some revenue history, if a fifth window opens.

Do not spend time on it if

Assemblers of finished ACs/LED lights — only components and sub-assemblies qualify.

§2Eligibility

  1. Company incorporated in India under the Companies Act, 2013.
  2. Foreign investment must comply with FDI Policy 2020.
  3. Greenfield or brownfield project for eligible products in a target segment.
  4. Commit to manufacturing with quality and testing facilities to prescribed standards.
  5. Minimum gross block / global revenue / net worth (₹ crore, as on 31 Mar 2020 or 2021) — Large vs Normal investment: AC components 300/1500/180 vs 150/600/90; AC high-value intermediaries 200/1000/120 vs 125/500/75; AC low-value intermediaries 50/250/30 vs 25/100/15; LED core components 150/750/90 vs 50/200/30; LED components 12/60/7.5 vs 5/20/3.
  6. Value-added resellers do not qualify.
  7. Applicant and group companies must not be declared bankrupt, wilful defaulter, defaulter or fraud.
  8. Not eligible if availing another GoI PLI for the same product.
  9. Both investment and sales thresholds must be met each year.

§3Benefits

  • Incentive of 4% to 6% on net incremental sales (net of taxes) of eligible products.
  • Incentive capped: ACs — up to 5× cumulative threshold investment of previous year; LED — up to 6×.

§4Norms — pattern of assistance

  1. Example thresholds (Appendix-I, normal investment): AC components min cumulative investment ₹50 crore Year 1 rising to ₹300 crore; LED components ₹2 crore Year 1 rising to ₹10 crore with net incremental sale ₹12 crore to ₹60 crore.
  2. Non-refundable application fee ₹1,00,000.
  3. Bank guarantee of 0.5% of committed investment within two weeks of approval, valid 18 months from proposed commercial production date; invoked if production not achieved within 1 year of that date.
  4. Selection within 60 days of window closing; PMA (IFCI) processes, DPIIT approves.
  5. Round 4 entrants: PLI for maximum two years.

§5Documents

Tick each one as you get it ready.

Importer Exporter Code (IEC) certificate

Shareholder structure

Letter authorising the signing authority

Detailed manufacturing process note

§6How to apply

  1. 1

    Only during a DPIIT-announced window, on https://pliwg.dpiit.gov.in/.

§7Pros and cons

Merits

  • LED components 'normal investment' entry needs only ₹5 crore gross block, ₹20 crore global revenue, ₹3 crore net worth — reachable for small manufacturers (guidelines para 5.6).
  • DPIIT has reopened windows four times (2021, 2022, 2024, 2025).
  • Over 50% of Round 4 applicants were MSMEs (PIB Nov 2025).

Demerits

  • Late entrants get only the remaining tenure — two years for Round 4 (PIB Sep 2025).
  • 0.5% bank guarantee and ₹1 lakh fee upfront.
  • Only ₹281.4 crore incentive disbursed by mid-2025 against ₹6,238 crore (PIB Aug 2025).

→Related schemes

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Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. PIB, 14 Sep 2025: PLI White Goods application window reopened 15 Sep–14 Oct 2025
  2. PIB, 13 Nov 2025: 13 companies apply in Round 4 of PLI White Goods (window till 10 Nov 2025)
  3. DPIIT: Consolidated Guidelines, PLI Scheme for White Goods (23 Oct 2023)
  4. IFCI: FAQs on PLI White Goods
  5. PIB backgrounder, 24 Aug 2025: PLI Scheme — Powering India's Industrial Renaissance

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.