📊Executive Summary

India's electronics manufacturing sector is set for significant growth with the anticipated rollout of the Production-Linked Incentive (PLI) scheme for electronic components, expected to begin approvals by August-September 2025. The ₹22,919-crore initiative aims to enhance local manufacturing capabilities for passive and non-semiconductor components, attracting nearly 100 applications from various industry players, including Tata Electronics and Foxconn. This initiative is expected to generate substantial investments and create over 91,600 jobs, marking a pivotal step in establishing a robust electronics manufacturing ecosystem in India. Procurement teams should monitor developments closely as this could influence sourcing strategies and component availability in the region....