Union Cabinet Approves Rs. 22,919 Crore Scheme for Electronics Component Manufacturing

[{"selector":"#anim-f194f1fc-0bd9-4b10-9488-781ae0dd9dc5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f8e4e208-0c57-47dd-a852-732aa0218824","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Union Cabinet Approves Rs. 22,919 Crore Scheme for Electronics Component Manufacturing

[{"selector":"#anim-71c34d36-7c52-4c1e-bd9f-b891ec3c9802","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9549b0b4-ae76-49fb-80fc-01cb49a33080","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Objectives & Goals – Boost domestic & global investments in electronics components. – Strengthen India's electronics supply chain & increase domestic value addition (DVA). – Integrate Indian companies with global value chains (GVCs).

[{"selector":"#anim-0562fa1d-e1de-40ba-90e5-83804ba0c3c7","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f6edd868-103e-4358-8bbe-3b5bdb9465e4","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Key Features & Incentives – Sub-assemblies: Display & camera module incentives. – Bare Components: PCBs, Li-ion cells, electro-mechanical components. – Supply Chain: Incentives for parts & capital goods. – Employment-Linked Incentive: Payout based on job creation.

[{"selector":"#anim-74c0cbe0-3516-436d-9343-c5b48c4ae27d","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3613786b-2261-43d9-a41b-19a7c58e47c8","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Expected Impact & Industry Growth – Rs. 59,350 crore in investment & Rs. 4,56,500 crore in production. – 91,600 direct jobs + indirect employment opportunities. – India's electronics production grew from Rs. 1.90L Cr (2014-15) to Rs. 9.52L Cr (2023-24), with exports rising from Rs. 0.38L Cr to Rs. 2.41L Cr.