In a significant boost to India's electronics manufacturing ecosystem, the government has approved seventeen major projects for electronic component production with a combined investment of ₹7,172 crore. The announcement was made by Electronics and Information Technology Minister Ashwini Vaishnaw on November 17, 2025.
Massive Production and Employment Generation Expected
The approved projects are projected to achieve a cumulative production value of ₹65,111 crore once fully operational. This substantial manufacturing output is expected to significantly reduce India's dependence on imported electronic components and strengthen the domestic supply chain.
Equally important is the employment potential these projects bring. The initiative is expected to create 11,808 direct employment opportunities across various skill levels, providing a significant boost to job creation in the electronics manufacturing sector.
Strengthening India's Electronics Manufacturing Capabilities
This approval represents a strategic move to enhance India's position in the global electronics value chain. By focusing on component manufacturing, the government aims to address a critical gap in the electronics ecosystem that has traditionally relied heavily on imports.
The investment of ₹7,172 crore will flow into establishing manufacturing facilities for various electronic components that are essential for producing finished electronic goods. This initiative aligns with the government's broader vision of making India a global hub for electronics manufacturing.
Long-term Impact on Electronics Industry
Industry experts believe this move will have far-reaching consequences for India's electronics sector. By developing a robust component manufacturing base, the country can attract more original equipment manufacturers (OEMs) and reduce the overall cost of electronic goods production.
The projects are expected to contribute significantly to achieving the targets set under various government schemes such as the Production Linked Incentive (PLI) scheme for electronics manufacturing. This development marks another milestone in India's journey toward self-reliance in electronics manufacturing and positions the country as an attractive destination for global electronics investments.