Government Clears 22 Electronics Projects Worth ₹42,000 Cr
The central government has approved 22 new electronics component manufacturing projects with a total investment commitment of around ₹42,000 crore. The approvals are part of a broader push to strengthen India’s electronics manufacturing ecosystem and reduce dependence on imported components.
Focus on Components and Value Addition
The cleared projects focus on manufacturing key electronic components such as printed circuit boards, passive components, camera modules, display modules, lithium-ion cells, enclosures, and connectors. These components are essential for sectors including mobile phones, consumer electronics, automotive electronics, telecommunications, and IT hardware. The projects are expected to significantly increase domestic value addition rather than limiting India’s role to final assembly.
Jobs, Output and Regional Spread
Once operational, the projects are expected to generate more than 30,000 direct jobs and a much larger number of indirect employment opportunities across the supply chain. The cumulative production value from these units is projected to run into several lakh crore rupees over their operational life. The manufacturing facilities will be spread across multiple states, ensuring balanced regional industrial growth and wider participation in the electronics manufacturing push.
Strategic Manufacturing Push
The approvals align with the government’s long-term strategy to position India as a global electronics manufacturing hub. By encouraging component-level manufacturing and design capabilities, the government aims to build a resilient supply chain, attract global manufacturers, and boost exports in the electronics sector.
