
Investment24 Jan 2026, 11:17 pm
Kirloskar Pneumatic Provisional Winner in 4th Round of PLI Scheme for White Goods
AI Summary
Kirloskar Pneumatic Company Limited has been provisionally selected in the 4th Round of the Production-Linked Incentive (PLI) Scheme for White Goods by the Ministry of Commerce and Industry. The company is expected to achieve a total production of ₹8,337.24 crore and generate 1,799 additional direct jobs by FY 2027-28. The PLI Scheme for White Goods aims to create a robust domestic component ecosystem for the Air Conditioners and LED Lights industry and position India as an integral part of the global supply chains. The scheme offers incentives ranging from 6% to 4% on a reducing basis on incremental sales for a period of five years.
Key Highlights
- Kirloskar Pneumatic provisionally selected in 4th Round of PLI Scheme for White Goods
- Committed investment of ₹320 crore
- Expected production of ₹8,337.24 crore by FY 2027-28
- Generation of 1,799 additional direct jobs
- PLI Scheme aims to create a robust domestic component ecosystem for the Air Conditioners and LED Lights industry