Government Clears 17 Electronics Manufacturing Projects Worth ₹7,172 Crore

The Government of India has approved 17 new projects under its electronics component manufacturing scheme, bringing in a total investment of ₹7,172 crore. This major push aims to strengthen India’s electronics ecosystem and reduce the countrys dependence on imported components.

According to officials, these projects focus on building advanced manufacturing units for components such as semiconductor parts, sensors, chip components, batteries, connectors, display parts, and other critical electronic items. The government believes that increasing domestic manufacturing will support India’s long-term goal of becoming a global electronics hub.

The approved projects are expected to create thousands of jobs, support startups, and encourage innovation. Many companies involved in these projects plan to set up factories in states like Tamil Nadu, Karnataka, Uttar Pradesh, Telangana, and Gujaratregions that already have strong electronics and semiconductor clusters.

The investment plan is part of the Production Linked Incentive PLI and Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors SPECS. The government is offering financial support, tax benefits, and faster approvals to companies that build advanced manufacturing units in India.

Officials said this move will help India produce more components locally, especially for mobile phones, laptops, telecom equipment, electric vehicles, and consumer electronics. At present, India imports a large portion of electronic parts from countries like China, Taiwan, South Korea, and Japan. Domestic production will help cut import bills and improve supply chain security.

The government also highlighted that these investments will help India meet growing demand for electronics as the country expands in digital services, EV manufacturing, and advanced technologies. Industries like automotive, renewable energy, telecom, and consumer electronics will directly benefit from a stronger component ecosystem.

Industry experts said the decision is a significant step toward creating a self-reliant manufacturing environment. With more companies entering the electronics components sector, India can position itself as a competitive player in global supply chains.

The government has also indicated that more projects may be approved soon, as several proposals are still under review. Companies that meet the eligibility criteria and demonstrate long-term commitment to India’s manufacturing landscape will receive priority.

Overall, the approval of these 17 projects worth ₹7,172 crore marks an important milestone in India’s journey toward becoming a major global electronics manufacturing center.