The applying window for the PLI Scheme for White Items (ACs and LED Lights) is being reopened based mostly on the urge for food of the trade to speculate extra beneath the Scheme, which is an end result of the rising market and confidence generated resulting from manufacturing of key elements of ACs and LED Lights in India beneath the PLIWG Scheme. In accordance with a Commerce and Business Ministry launch, the applying window is being opened on the identical phrases & circumstances stipulated within the PLIWG Scheme notified on 16.04.2021 and the PLIWG Scheme Pointers issued on 04.06.2021, as amended every so often.
The applying window for the Scheme shall stay open for the interval from fifteenth September 2025 to 14th October 2025 (each dates inclusive) on the identical on-line portal having URL as https://pliwg.dpiit.gov.in/. No software shall be accepted after the closure of the applying window.
With the intention to keep away from any discrimination, each new candidates in addition to current beneficiaries of PLIWG who suggest to speculate extra by means of switching over to increased goal section or their group corporations making use of beneath completely different goal section can be eligible to use topic to fulfilling the eligibility circumstances as talked about within the Para 5.6 of the Scheme Pointers and adhering to funding schedule as talked about in Appendix-1 or Appendix-1A of the Scheme Pointers, as relevant.
Add Zee Enterprise as a Most popular Supply
When it comes to Para 6.4 of the PLIWG Scheme and Para 9.3 of the Scheme Pointers, candidates shall solely be eligible for incentives for the rest of the Scheme’s tenure.
The applicant accredited within the proposed fourth spherical can be eligible for PLI for a most of two years solely within the case of latest candidates and beneficiaries choosing GP-2 (i.e. upto March 2023) looking for to maneuver to the next funding class.
For beneficiaries choosing GP-1 (i.e. upto March 2022) looking for to maneuver to the next funding class within the proposed fourth spherical, they might be eligible for PLI for one 12 months solely. Present beneficiaries choosing the above, in case they don’t seem to be capable of obtain the edge funding or gross sales in a given 12 months, can be eligible for submitting the claims as per their unique funding plan.
Nonetheless, this flexibility can be offered solely as soon as in the course of the Scheme interval. To this point, 83 candidates with dedicated funding of Rs 10,406 crore have been chosen as beneficiaries beneath the PLI scheme. The investments will result in the manufacturing of elements of Air Conditioners and LED Lights throughout the entire worth chain, together with elements which aren’t presently manufactured in India in enough amount.
The Union Cupboard had given approval for the PLI Scheme for White Items for the manufacture of elements and sub-assemblies of Air Conditioners (ACs) and LED Lights in 2021.
The Scheme is to be carried out over a seven-year interval, from FY 2021-22 to FY 2028-29 and has an outlay of Rs. 6,238 crore.
