India Approves 22 Electronics Component PLI Proposals

The Indian government has approved 22 new plans for making important parts for electronics.

These plans will bring in a lot of money (Rs 41,863 crore) and create many jobs (33,791).

Big companies like Dixon, Samsung, Foxconn, and Apple are involved.

They will make things like computer parts, batteries, and camera modules.

The government wants to make sure these factories are all over India, not just in one place.

This will help India make more electronics at home instead of buying them from other countries.

Some companies will even start making advanced chips in 2026.

The government hopes this will help India become better at making electronics.

The government has also given the industry six weeks to provide details on their manufacturing requirements under the Scheme.

There has been a significant increase in domestic capability, reducing imports in items like printed circuit boards (PCBs), Li-ion cells, connectors, camera and display modules, and creating export capability in high precision mobile enclosures.

India aims to be among the top four semiconductor manufacturing nations by 2032 and the best by 2035.