India’s Ministry of Electronics and Information Technology has approved 31 additional projects, boosting domestic production and job creation in the electronics sector amid broader efforts to strengthen supply chains.
India has expanded its push to build a deeper electronics supply chain, with the Ministry of Electronics and Information Technology approving 31 more proposals under the Electronics Components Manufacturing Scheme in the latest tranche. The new clearances take the total number of approved projects under the scheme to 106, according to the government and the event held in New Delhi with the Electronic Industries Association of India.
Union electronics and IT minister Ashwini Vaishnaw said the scheme is helping India move beyond final assembly towards domestic production of critical parts and raw materials. MeitY secretary S. Krishnan said several approved facilities are close to starting operations, while 38 plants are already manufacturing and a further 16 are in advanced stages of construction or equipment installation.
The latest approvals cover a wider range of products than earlier rounds, including camera module and display module sub-assemblies, optical transceivers, connectors, relays, transducers, filters, capacitors, coils, speakers, microphones and enclosures. They also extend into supply-chain inputs such as anode material, rare earth permanent magnets, acetylene black, electrolyte additives, metallised films for capacitors and hermetic terminals.
Officials said the new projects are spread across 10 states, reflecting an effort to widen the geography of electronics manufacturing. The approved companies include names such as Minda Instrument, TXB Optics, SFO Technologies, GX Quantum Photonics, Huber Suhner Electronics, Amphenol Interconnect India, Centum Electronics, Syrma SGS Technology, Brandworks Precision Manufacturing and Wipro Global Engineering and Electronic Materials, which also received approval for additional investment in copper-clad laminate production.
The government said the 106 approved projects now imply expected investment of Rs 69,548 crore, projected output of Rs 5,34,101 crore and direct employment for 74,628 people. The scheme was originally designed to attract Rs 59,350 crore of investment, generate Rs 4,56,500 crore of production and create 91,600 direct jobs, according to the Cabinet approval announcement, highlighting how the programme has since widened in scale and ambition.
Disclaimer: This content is intended for informational purposes only. Readers are advised to exercise their own judgement, conduct due diligence, or consult a qualified expert before acting on any information provided.
