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3 days agoIndia approves US$626 million in component-manufacturing projects to cut imports
The Indian government has approved seven projects worth about US$625.8 million (₹55 billion) to boost domestic electronics-component manufacturing. The initiatives span multilayer PCBs, camera modules and laminates by firms such as Kaynes Circuits India, SRF Ltd and Syrma Strategic Electronics across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365 billion and create over 5,100 direct jobs. The move forms part of India’s bid to reduce import dependence and strengthen value chains in sectors including defence, telecom and EVs.
positive
3 days agoIndia approves US$626 million in component-manufacturing projects to cut imports
The Indian government has approved seven projects worth about US$625.8 million (₹55 billion) to boost domestic electronics-component manufacturing. The initiatives span multilayer PCBs, camera modules and laminates by firms such as Kaynes Circuits India, SRF Ltd and Syrma Strategic Electronics across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365 billion and create over 5,100 direct jobs. The move forms part of India’s bid to reduce import dependence and strengthen value chains in sectors including defence, telecom and EVs.
positive
India approves US$626 million in component-manufacturing projects to cut imports
3 days ago
1 min read
86 words
India green-lights US$626 m in electronics-component manufacturing projects aimed at import-substitution and job creation.
The Indian government has approved seven projects worth about US$625.8 million (₹55 billion) to boost domestic electronics-component manufacturing. The initiatives span multilayer PCBs, camera modules and laminates by firms such as Kaynes Circuits India, SRF Ltd and Syrma Strategic Electronics across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365 billion and create over 5,100 direct jobs. The move forms part of India’s bid to reduce import dependence and strengthen value chains in sectors including defence, telecom and EVs.
The Indian government has approved seven projects worth about US$625.8 million (₹55 billion) to boost domestic electronics-component manufacturing. The initiatives span multilayer PCBs, camera modules and laminates by firms such as Kaynes Circuits India, SRF Ltd and Syrma Strategic Electronics across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365 billion and create over 5,100 direct jobs. The move forms part of India’s bid to reduce import dependence and strengthen value chains in sectors including defence, telecom and EVs.
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Oct 27, 2025 • 13:45 IST