India has also made another important step towards the improvement of its electronics manufacturing ecosystem as it has approved the existence of 22 new projects in Electronics Component PLI scheme, a development widely covered in Latest News in India. Such approvals are a suggestion that the government is still ardent in reducing its reliance on imports, expanding domestic value addition and creating mass employment. The Electronics Component PLI scheme is also emerging as part of the pillars of the Indian industrial policy with huge investments, high involvement of international and local players and an excellent export inclination. The recent approvals mean that there is growing confidence in India as an electronic manufacturing hub in the world.
India Approves 22 Projects Under Electronics Component PLI Scheme
Another step taken by the Indian dream of establishing a powerful electronics component industry is the 22 investment projects that the government gave the green light using the Electronics Component PLI scheme. Investment of 41,863 crore and the generation of nearly 37,000 direct jobs should be attracted to these projects. It is only these initiatives that will produce a total production output of 2.58 lakh crore and this is what signifies the scale of impact that will be experienced in the Electronics Component PLI scheme.
Major Investment and Employment Boost
A huge part of the approved investment – close to 22,000 crore – has been committed in Apple ecosystem. This highlights the greater importance of India within the world supply chain of high end electronics. The Electronic Component PLI scheme aims not only at the influx of capital but at creating the sustainable employment in different states developing the industrial aspects of the region.
Key Companies and Strategic Projects
Two projects by Dixon Technologies are out of the accepted ideas in the third tranche. Kunshan Q Tech Microelectronics is one such joint venture that is situated in Uttar Pradesh and has a 51 percent share in it owned by Dixon and Singapore based subsidiary company of a Chinese company. It will also put in place another project of Dixon that will focus on optical transceivers in Madhya Pradesh. It is also noteworthy that this is the initial permission under Electronics Component PLI scheme to have a joint venture where a joint venture of Chinese linkage has been granted.
The first time entrants in the India electronics components ecosystem are Foxconn and Samsung, other significant beneficiaries are the Tata Electronics Components and Motherson Electronics Components, and Hindalco Industries. They are also involved to boost trust in Electronics Component PLI scheme.
Building a Strong Domestic Value Chain
The projects that are satisfactory are in the production of the necessary parts that consist of camera modules, display modules and printed circuit boards (PCBs). A principal objective of Electronics Component PLI scheme is to create a strong domestic value chain and at the same time enhance its export competitiveness. The plan will turn India into a reliable source of electronic components around the globe offering local manufacturing and innovation.
PLI Scheme Progress and Future Outlook
This has been authorized as an extension to the past approvals under the scheme. The Electronics Component PLI scheme is a scheme whose build up is gradually increasing since the notified scheme in April 2025 and has an accumulated outlay of 22,919 crore. The industry leaders believe that approvals represent good signs of a good intent but over time success will be based on the growth of activities and strengthening of the local ecologies and the development of the high design capacity to rise up the global value chain.
