Adani arm, LG among 15 more to get white goods PLI benefits

The government has selected 15 companies, including Adani Copper Tubes, LG Electronics, Mitsubishi Electric, Jindal Poly Films Crompton Greaves, and Wipro, in the second round for incentives under the Rs 6,238-crore production-linked incentive (PLI) scheme for white goods.

Together, the selected companies have pledged investments of Rs 1,368 crore in making air-conditioner (AC) components and LED bulbs, which will lead to incremental production of Rs 25,583 crore over the next five years. The investments will create direct employment opportunities for 4,000 people.