📊Executive Summary

India's government is poised to approve projects under the Rs 22,919-crore Production Linked Incentive (PLI) scheme for electronic components by August-September 2025. This initiative is expected to significantly boost domestic manufacturing capabilities and attract investments, with nearly 100 applications already submitted. The PLI scheme aims to enhance local value addition and establish a robust ecosystem for electronics production, which could impact sourcing strategies for companies involved in electronics manufacturing and procurement....