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Government Approves 22 Electronics Parts Projects Worth ₹42,000 Crore to Boost Domestic Manufacturing

03 Jan 2026, 15:31 IST03 Jan 2026, 15:31 ISTRelevance: 85%
Government Approves 22 Electronics Parts Projects Worth ₹42,000 Crore to Boost Domestic Manufacturing

📊Executive Summary

The Indian government has approved 22 electronics component manufacturing projects with a total investment of approximately ₹42,000 crore. This initiative is part of the Make in India campaign aimed at boosting domestic manufacturing and reducing reliance on imports. The projects will cover various segments of the electronics value chain, including components for consumer devices, industrial equipment, telecommunications, and automotive electronics. This move is expected to create jobs, enhance technology adoption, and strengthen local supply chains, aligning with the government's goal of building a resilient electronics industry....

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Classification

Industries

Consumer Electronics
Automotive

Components

Semiconductors & ICs
Passive Components

Regions

India

Topics

Factory Expansion
Regulatory & Policy
Technology Advancement