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India clears $4.6 bn to deepen electronics supply chain

Scheduled Pinned Locked Moved Manufacturing & Industrial Supply Chains
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  • RohilR
    Rohil wrote last edited by
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    The Centre approved 22 component-making projects worth ₹41,863 cr ($4.64 bn) under its electronics components scheme, backing parts like camera modules, display assemblies and enclosures from players including Samsung, Tata Electronics and Foxconn. The bets are spread across 8 states, expected to generate ₹2.58 lakh cr in output and ~34,000 jobs, and are aimed at cutting import dependence as India pushes electronics production from $125 bn (FY25) toward $500 bn by FY31.

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