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New electronics scheme gets India Inc's thumbs up
Business Standard
|March 29, 2025
The electronic component manufacturing industry on Friday cheered the Cabinet approval to ₹22,919 crore production linked incentive (PLI) scheme.
The electronic component manufacturing industry on Friday cheered the Cabinet approval to ₹22,919 crore production linked incentive (PLI) scheme. This is expected to attract investment worth ₹59,350 crore and generate direct employment for 91,600 people.
The scheme focuses on key components such as batteries, displays, camera modules, and printed circuit boards (PCBs) to enhance India's electronics supply chain and reduce import dependence.
HCL founder Ajai Chowdhry, who is also chairman of EPIC Foundation, said that this was a much-awaited electronics components manufacturing scheme.
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