March 28, 2025 4:52 PM

Cabinet approves Rs. 22,919 crore scheme to strengthen India’s electronics component manufacturing

The Union Cabinet on Friday has approved the Electronics Component Manufacturing Scheme with a funding of Rs. 22,919 crore, aimed at making India self-reliant in the electronics supply chain. This initiative seeks to create a robust ecosystem by attracting large investments, both domestic and global, in electronics component manufacturing. The scheme is projected to attract an investment of Rs. 59,350 crore, resulting in the production of Rs. 4,56,500 crore worth of products. It will also gener...