The Government of India has approved 17 new electronics component manufacturing projects to strengthen India’s domestic electronics capability and reduce dependence on imported components. This decision supports India’s goal to become a major hub in the global electronics supply chain.
India Approves 17 New Electronics Component Projects
Investment & Employment Growth
The approved proposals represent an investment of ₹7,172 crore. The initiative is expected to create nearly 11,800 new jobs across the country. The selected companies include well-known domestic and international manufacturers, ensuring the development of advanced electronic parts within India.
Companies & Product Focus
The shortlisted applicants will produce critical components such as:
- Multi-layer PCBs (Printed Circuit Boards)
- Camera modules
- Connectors and oscillators
- Optical transceivers
These components will support multiple industries, including:
- Smartphones & Wearables
- Telecom/5G networking equipment
- Electric Vehicles (EVs)
- IoT and Industrial electronics
This helps shift India’s electronics growth from basic assembly to deeper component and sub-assembly manufacturing.
Strategic Impact on Electronics Sector
Officials stated that the scheme will help India integrate more strongly with the global electronics value chain, enhancing supply chain resilience amid shifting geopolitical conditions. These projects are expected to contribute to ₹65,111 crore worth of electronics production in the coming years.
To ensure long-term success, the government has emphasised:
- Strong electronics design capabilities
- International quality compliance
- Collaboration with local suppliers and MSMEs
Link to Broader National Manufacturing Targets
This initiative is part of India’s target to expand electronics manufacturing to $500 billion by 2030–31. With increasing investment and earlier project approvals, India aims to become self-reliant (Atmanirbhar) in electronics and an important global manufacturing destination.
Exam-Oriented Key Facts
| Key Point | Information |
|---|---|
| Number of approved projects | 17 projects |
| Total investment | ₹7,172 crore |
| Expected job creation | About 11,800 jobs |
| Expected production output | ₹65,111 crore |
| Components to be manufactured | PCBs, camera modules, connectors, oscillators, optical transceivers |
| Long-term national target | $500 billion electronics manufacturing by 2030–31 |
Question & Answer
Q1. How many electronics component manufacturing projects were recently approved by the Centre?
(a) 10
(b) 12
(c) 15
(d) 17
Answer: 17
Q2. What is the total estimated investment in the approved electronics projects?
(a) ₹5,500 crore
(b) ₹7,172 crore
(c) ₹9,800 crore
(d) ₹12,000 crore
Answer: ₹7,172 crore
Q3. How many jobs are expected to be generated from these projects?
(a) Around 5,000
(b) Around 9,200
(c) Around 11,800
(d) Around 20,000
Answer: Around 11,800
Q4. Which of the following components is NOT part of the products planned under this initiative?
(a) Multi-layer PCBs
(b) Camera modules
(c) Optical transceivers
(d) Solar panels
Answer: Solar panels
Q5. The estimated production output from these projects is valued at:
(a) ₹45,000 crore
(b) ₹55,500 crore
(c) ₹65,111 crore
(d) ₹75,800 crore
Answer: ₹65,111 crore
Q6. India aims to reach how much electronics manufacturing output by 2030–31?
(a) $100 billion
(b) $250 billion
(c) $500 billion
(d) $750 billion
Answer: $500 billion
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