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Cabinet approves ₹23,000 cr PLI for passive electronics
Hindustan Times Patna
|March 29, 2025
The Union Cabinet on Friday approved a production-linked incentive (PLI) scheme for passive or non-semiconductor electronics components with an outlay of ₹22,919 crore, Union electronics and IT minister Ashwini Vaishnaw said.
NEW DELHI:
It is the first scheme that focuses on promoting the manufacturing of passive electronic components.
The minister said that the scheme will create direct employment for 91,600 people and attract investment of around ₹59,350 crore.
"Passive components are approved under the Electronics Component PLI scheme. It has a total package of ₹22,919 crore. This will be over six years," Vaishnaw said.
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