Mumbai, Jan. 27 -- The provisional selection positions the company to benefit from government incentives aimed at boosting domestic manufacturing of white goods. Under the PLI framework, eligible companies receive incentives linked to incremental sales and committed investments, supporting capacity expansion and localisation.

According to an official release dated January 23, the PLI scheme for white goods, covering air conditioners and LED lights, is expected to attract investments of Rs 11,198 crore from 85 companies over the scheme period. In the fourth round, five applicants were provisionally selected with a combined committed investment of Rs 863 crore, while eight other applications were referred to a committee of experts for furt...