In total, 84 companies under the scheme have committed investments of Rs 104.78 billion, which is expected to generate production worth Rs 1.72 trillion. The scheme incentivizes incremental sales, offering benefits ranging from 6-4 per cent over a five-year period. Domestic value addition in the sector is anticipated to rise from 15-20 per cent to 75-80 per cent.

Launched in April 2021 with an outlay of Rs 62.38 billion, the scheme seeks to integrate India into global supply chains for white goods. Under the initiative, components such as compressors, heat exchangers, LED chip packaging, and light management systems will be manufactured domestically.