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India gets $13 billion investment pledges to make electronic parts

Mint Bangalore

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October 03, 2025

India’s scheme offering incentives to create an electronics component supply chain has generated strong interest as the Centre received 249 applications, proposing investments totalling $13 billion (₹1.15 trillion), according to Union information technology (IT) minister Ashwini Vaishnaw.

- Shouvik Das

The total investments proposed by conglomerates and small enterprises is nearly double the $6.7 billion (₹59,350 crore) the ministry of electronics & IT (Meity) had expected, said Vaishnaw, without disclosing the names of the companies, citing that applications are under evaluation.

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