Production Linked Incentive (PLI) on White Goods

• Incentive to manufacture of components of Air Conditioners and LED Lights in India;

• Incentive of 4% to 6% on incremental sales (net of taxes);

• Incentive for a period of 5 years subsequent to the base year and one year of gestation period;

• Criteria of cumulative incremental investment in plant and machinery as well as incremental sales over the base year;

• Mere assembly of finished goods shall not be incentivized.