Government of India approves investments worth $4.3 billion to transform India into an Electronics Manufacturing Hub

[Bhaijaan]

PM Modi will not stop at anything.
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India has approved projects worth 418.63 billion rupees ($4.64 billion) from a host of companies to boost domestic manufacturing ‌of electronic components under an incentive scheme, the country's ‌IT ministry said on Friday.

Global majors Samsung Electronics, Tata Electronics and Foxconn were among the companies whose projects were approved to receive government subsidies ⁠under the Electronics ‌Component Manufacturing Scheme, which has an outlay of 229.19 billion rupees. The ‍projects include the manufacture of enclosures for mobile phones, camera sub-assemblies and other components.

India has been stepping up efforts to boost electronics manufacturing, launching a ‌series of incentive programs to attract global and domestic investors, expand local manufacturing capacity, reduce import dependence and strengthen supply chains across multiple sectors.

India's electronics manufacturing sector produced goods worth $125 billion ⁠in the year to March 2025. The government hopes to increase this to $500 billion by fiscal 2031.

The projects approved on Friday are spread ‍across eight ⁠states and are expected to produce parts worth 2.58 trillion rupees ($28.62 billion), while employing ⁠about 34,000 individuals, according to the IT ministry..

https://twitter.com/x/status/2007049444592599158

 

[Bhaijaan]

Current Value (Electronics Manufacturing)

• ~$115 billion — value of India’s total electronics production in 2024 (including smartphones, consumer electronics, etc.) according to industry estimates.


• ~$125 billion — electronics production value in FY 2024-25 reported by recent industry sources.


• As of FY23, other official estimates show ~$101 billion in total electronics output.


Government Schemes & Projected Output

• $4.64 billion — value of approved electronics component manufacturing projects under the Electronics Component Manufacturing Scheme (ECMS) as of Jan 2026.


• The ECMS is expected to generate ~$28.6 billion worth of component production in coming years.




Future Targets

• $500 billion by 2030/31 — India’s official target for total electronics manufacturing output (finished goods + components).

• Some government planning bodies (like NITI Aayog) have reiterated this $500 billion goal, typically breaking it into roughly $350 billion in finished goods and $150 billion in components by 2030.

Key Take-Aways (All in USD)

✔ Current scale: ~$115 billion–$125 billion broadly.

✔ Policy-driven projects now approved: ~$4.6 billion (ECMS).

✔ Future ambition: ~$500 billion total electronics output by 2030/31.


@KingKhanWC @DeadlyVenom @Cpt. Rishwat @finalfantasy7 @Slim @sweep_shot

 

[Bhaijaan]

Here’s the full list of the 22 approved electronics component manufacturing projects under India’s Electronics Components Manufacturing Scheme (ECMS) announced on January 2, 2026, with approx ₹41,863 crore (~$4.64 billion) investment and high-value output projected . This is the third tranche of approvals announced by the Ministry of Electronics and IT:


Companies / Projects Approved (22 Total)

1. Dixon Technologies — Project (Kunshan Q Tech Microelectronics India) in Uttar Pradesh
2. Dixon Electroconnect Pvt Ltd — Optical transceiver unit in Madhya Pradesh
3. Samsung Display Noida Pvt Ltd — Display module sub-assembly
4. Yuzhan Technology India Pvt Ltd (Foxconn arm) — Mobile device enclosures
5. Hindalco Industries — Component production
6. Tata Electronics — Mobile phone enclosure manufacturing
7. Motherson Electronics Components — Advanced component facility in Tamil Nadu
8. Vital Electronics — Multi-layer PCB facility in Maharashtra
9. Ascent-K Circuits — Advanced PCB plant at YEIDA cluster
10. Shogini Technoarts (IL JIN Electronics subsidiary) — PCB operations expansion
11. Amphenol High Speed Interconnect India — Connectors in Karnataka
12. CIPSA Tech (or Cipsa Tec India) — Multi-layer PCB facility in Andhra Pradesh
13. Epitome Components — (component manufacturing)
14. Deki Electronics — (component production)
15. TDK India — (component maker)
16. Signum Electronics — (electronics component production)
17. India Circuits — (printed circuit board / components)
18. BPL Limited — (electronics components)
19. Wipro Hydraulics — (electronics parts / component manufacturing)
20. ATL Battery Technology (India) — (battery / anode material)
21. AT&S India — (printed circuit board and laminates)
22. Amphenol High Speed Technology — (connectors / interconnects — separate project entity)

These approvals cover bare components, sub-assemblies and supply chain items like PCBs, capacitors, connectors, enclosures, Li-ion cells, display modules and camera modules.

• They span multiple states including Uttar Pradesh, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Haryana and Rajasthan.

• This is the third tranche under the ECMS; past tranches had separate approvals not included here.

 

[Bhaijaan]

Honestly, this still pales in comparison to the development works undertaken by Asim Munir in Pakistan but good to see India trying to catch up.

@emranabbas @Bewal Express

 

[emranabbas]

Honestly, this still pales in comparison to the development works undertaken by Asim Munir in Pakistan but good to see India trying to catch up.

@emranabbas @Bewal Express

Bhai jaan, what’s this obsession with Pakistan?
Pakistan is nearly 4 times smaller than India in land and resources, and about 6 times smaller in population.
Your real comparison should be with the USA and China but next to them, you like a little mouse.

 

[CricVet]

Pakistan 24x7 in the heads of xxxxxxx