How to Apply for the PLI Scheme for White Goods in India?

White goods are categorised as large household appliances or heavy consumer durables that were previously only available in white colour. This category includes appliances like washing machines, air conditioners, stoves, refrigerators, and others. The Indian white goods industry is tightly focused, with a concentration of manufacturers operating within this space. The primary motive of the PLI scheme is to enhance the global competitiveness of manufacturing in India by eliminating sector-specific shortcomings, fostering economies of scale, and promoting efficiency. To learn more about the features and eligibility – CLICK HERE.
 

Why Apply for the PLI Scheme?

There are several benefits in store for the recipients of the PLI scheme. Apart from the financial benefits helping them boost revenue and profitability, some of the other benefits include:

• It is expected that the PLI scheme will attract significant global investments into the white goods industry in India. This can create new opportunities for manufacturers to expand their operations and access new markets.
• Manufacturers can improve their competitiveness by investing in technology and innovation, expanding production capacity, and achieving economies of scale.
• The scheme is designed to reduce India's dependence on imports of white goods, which can help to conserve foreign exchange reserves and reduce trade imbalances.

 

What are Some Key Obligations as a Recipient of the PLI Scheme?

Under the PLI Scheme, the manufacturers are expected to fulfil certain obligations in order to remain eligible for complete benefits of the scheme and avoid penalties which may also impact the company’s reputation.

• As a recipient, it is mandatory to achieve incremental sales targets over a five-year period to receive incentives under the scheme.
• Manufacturers must ensure that they utilise the received only for the intended purposes. They need to allocate funds towards increasing production capacity, creating employment opportunities, and investing in technology and innovation
• Recipients are to invest in technology and innovation in order to improve their competitiveness and meet the desired global standards. It is required to allocate funds and resources towards research and development, and upgrading their manufacturing processes.
• Recipients must comply with all the relevant laws and regulations governing the manufacturing and sale of white goods. They also must follow the environmental standards, safety regulations, and other relevant guidelines.
• Recipients are required to maintain accurate records and report sales and other relevant information to the government. This is necessary to ensure transparency and accountability in the implementation of the scheme.
• Manufacturers must ensure that they utilize the incentives received under the scheme for the intended purposes. They need to allocate funds towards increasing production capacity, creating employment opportunities, and investing in technology and innovation.

 

How to Pitch for the PLI Scheme?

A manufacturer may need to provide a convincing pitch to the authorities in order to enjoy the benefits of the PLI scheme for White Goods in India. Here are some essential steps to pitch for the PLI scheme in drone:

• Research the PLI scheme for drones: Before you pitch for the PLI scheme, make sure to understand the objectives, requirements and eligibility of the scheme.
• Highlight your company's capabilities: It is important to highlight your company's experience, expertise, and capabilities in the field of White Goods. It is important to share the company's track record, production capacity, and quality standards to demonstrate your ability to meet the production targets under the PLI scheme
• Present your investment and production plans: The PLI scheme for White Goods is designed to encourage investments in its manufacturing in India. Therefore, clearly presenting investment plans, including the amount of investment, the sources of funding, and the timeline for investment is necessary. Also, a clear outline of the production plans and plan to achieve the targets can be beneficial.
• Emphasise the benefits of the PLI scheme: Highlighting the benefits of the PLI scheme for White Goods and how it will help you scale up your manufacturing operations is important. 

Process of Application and Disbursement of Incentives

The Production-Linked Incentive (PLI) scheme for White Goods is an initiative by the Indian government to promote its manufacturing in India. To apply for the PLI scheme for White Goods, an eligible manufacturer may follow the following steps:

1. Register on the PLI portal: You can visit the PLI portal (https://pli-eda.gov.in/) and create an account by providing your basic details.
2. Fill in the application form: The application form may require you to provide details such as your company name, address, production targets, investment plans, etc.
3. Upload the required documents: You may also need to upload certain documents such as company registration certificate, PAN card, GST registration, etc.
4. Submit the application: After filling in the application form and uploading the required documents, you can submit your application for the PLI scheme for drones.
5. Wait for approval: Once you have submitted your application, it will be reviewed by the PMA. If your application is approved, the incentives shall disburse after completion of all pre-disbursal formalities.

 
The PLI scheme for white goods is a significant initiative by the Indian government to promote domestic manufacturing of home appliances and reduce the country's dependence on imports. Overall, the PLI scheme for white goods has the potential to transform the white goods industry in India and contribute significantly to the country's economic growth and development.