Voltas, Lumax, UNO Minda among 18 firms selected under PLI scheme for whitegoods

As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of ₹2,299 crore, have been selected to avail benefits under the production-linked incentive (PLI) scheme for the white goods sector, an official said on Monday.

In October last year, 38 companies had filed applications with proposed investments of ₹4,121 crore under the scheme in the third round.

“In the third round of the online application window of the PLI scheme , a total of 38 applications were received. After reviewing these…