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₹84,515 Cr output expected as Govt clears 29 Electronics projects

₹84,515 Cr output expected as Govt clears 29 Electronics projects

Laaheerie P
March 31, 2026

The Centre has approved 29 fresh applications under its electronics component manufacturing scheme, unlocking a cumulative investment of ₹7,104 crore , a senior official from the Ministry of Electronics and Information Technology (MeitY) said on Monday. MeitY Secretary S Krishnan stated that the newly cleared proposals are expected to generate 14,246 jobs , providing a significant boost to India’s ambitions of becoming a global electronics manufacturing hub.

According to the ministry, the approved projects will collectively drive the production of electronic components worth ₹84,515 crore , strengthening domestic supply chains and reducing reliance on imports. With this latest round, MeitY has now approved a total of 75 applications under the scheme, reflecting strong industry participation and growing investor confidence in India’s electronics sector.

The scheme is aimed at building a comprehensive ecosystem for critical electronic components, including Printed Circuit Boards (PCBs) , camera modules , display components , lithium-ion battery parts , semiconductor packaging units , and passive components such as resistors and capacitors , along with connectors, sensors, and mechanical enclosures. These components are essential for manufacturing smartphones, consumer electronics, telecom equipment, and automotive systems, and are expected to significantly enhance domestic value addition.

While the government has not disclosed a detailed state-wise allocation of the newly approved projects, both Andhra Pradesh and Telangana are already emerging as key destinations for electronics manufacturing. Andhra Pradesh has been promoting industrial clusters in regions like Tirupati and Sri City, while Telangana, particularly Hyderabad, has developed a strong ecosystem supported by policy incentives and infrastructure for electronics and semiconductor industries.

Experts believe that a portion of these new investments is likely to flow into these states due to their established industrial base, skilled workforce, and investor-friendly policies. The approvals are part of the Centre’s broader push to deepen manufacturing capabilities, move up the electronics value chain, and position India as a competitive player in global supply chains under initiatives like Make in India.

₹84,515 Cr output expected as Govt clears 29 Electronics projects - The Morning Voice