Centre approves 22 projects under Electronics Components Manufacturing Scheme
Change
The Ministry of Electronics and Information Technology approved 22 proposals under the Electronics Components Manufacturing Scheme with projected investments of Rs 41,863 crore and estimated production of Rs 2.58 lakh crore.
Why it matters
Twenty-two proposals were approved covering 11 target product segments including mobile phones, telecom, consumer electronics, strategic electronics, automotive electronics and IT hardware. The approvals carry projected investments of Rs 41,863 crore, estimated production of Rs 2.58 lakh crore and associate 33,791 direct jobs. Earlier tranches included approvals of 24 applications with Rs 12,704 crore and 17 projects with Rs 7,172 crore. The Union Cabinet approved the scheme in March 2025 with an outlay of Rs 22,919 crore.
Implications
- — Authorizes manufacturing capacity for printed circuit boards, lithium‑ion cells, connectors, camera modules and display modules.
- — Allocates projected investment commitments of Rs 41,863 crore to the 22 approved projects.
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Source
View on Economic Times