Onlykashmir.in News Desk
India has approved 106 projects worth ₹69,548 crore under its Electronics Component Manufacturing Scheme, including 31 new projects cleared this week, in a move officials say will significantly expand the country’s domestic electronics manufacturing base and generate substantial employment.
The approved projects are expected to create nearly 75,000 direct jobs, with the overall employment impact, including indirect and induced jobs across the supply chain, estimated at around 2.5 lakh positions. The scheme forms part of the government’s broader push to deepen India’s electronics manufacturing ecosystem, reducing reliance on imported components for everything from consumer electronics to industrial and defence applications.
Speaking at an event in Delhi where the latest tranche of approvals was announced, Union Minister for Electronics and Information Technology Ashwini Vaishnaw underlined the rapid expansion of India’s electronics manufacturing sector over the past decade, noting that overall production in the sector has grown sevenfold over the past twelve years, while exports of electronics goods have surged elevenfold over the same period. The minister framed the latest round of project approvals as a continuation of this broader trajectory, aimed at positioning India as a serious player in global electronics and semiconductor component supply chains.
Of the 106 approved projects, 38 have already commenced production, indicating that a significant share of the scheme’s committed investment is already translating into operational manufacturing capacity rather than remaining at the planning stage. A further 16 projects are at advanced stages of construction or machinery installation, suggesting that the pipeline of upcoming production capacity will continue to expand over the coming months as these facilities come online.
The Electronics Component Manufacturing Scheme has emerged as a central pillar of India’s strategy to build a resilient domestic supply chain for critical electronic components, an area where the country has historically depended heavily on imports from East Asian manufacturing hubs. With component manufacturing increasingly viewed as foundational to broader ambitions in semiconductor fabrication, defence electronics and consumer technology production, the latest round of approvals signals continued government confidence in attracting private investment into this strategically important segment of India’s manufacturing economy.
