India Greenlights 22 Electronics PLI Projects, ₹41,863 Cr Investment Expected

India
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CNBC TV18•02-01-2026, 14:40
India Greenlights 22 Electronics PLI Projects, ₹41,863 Cr Investment Expected
- •Government approves 22 investment proposals under Electronics Component PLI scheme, expecting ₹41,863 crore investment and 37,000 jobs.
- •Projected output from these projects is ₹2.58 lakh crore, with over half the investment targeting the Apple ecosystem.
- •Dixon Technologies secures two projects, including a joint venture with a Chinese-linked entity, a first under this scheme.
- •Other major approvals include Foxconn, Samsung, Tata Electronics, Motherson Electronics Components, and Hindalco Industries.
- •The scheme aims to build a domestic value chain for key components like camera modules, display modules, and PCBs, enhancing export competitiveness.
Why It Matters: India's PLI scheme for electronics components gains momentum with 22 new projects, boosting domestic manufacturing.
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