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3 days agoIndia approves US$626 million in projects to boost electronics-components manufacturing
The Indian government has approved seven manufacturing projects worth around US$625.8 million (₹55 billion) to expand domestic electronics-components production, including multilayer PCBs, camera modules and laminates, across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365.6 billion and create over 5,100 direct jobs, aligning with India’s push to reduce import-dependence and strengthen global value-chains.
positive
3 days agoIndia approves US$626 million in projects to boost electronics-components manufacturing
The Indian government has approved seven manufacturing projects worth around US$625.8 million (₹55 billion) to expand domestic electronics-components production, including multilayer PCBs, camera modules and laminates, across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365.6 billion and create over 5,100 direct jobs, aligning with India’s push to reduce import-dependence and strengthen global value-chains.
positive
India approves US$626 million in projects to boost electronics-components manufacturing
3 days ago
1 min read
61 words
India green-lights ~US$626 m in electronics-component projects, targeting import-substitution, job creation and global supply-chain entry.
The Indian government has approved seven manufacturing projects worth around US$625.8 million (₹55 billion) to expand domestic electronics-components production, including multilayer PCBs, camera modules and laminates, across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365.6 billion and create over 5,100 direct jobs, aligning with India’s push to reduce import-dependence and strengthen global value-chains.
The Indian government has approved seven manufacturing projects worth around US$625.8 million (₹55 billion) to expand domestic electronics-components production, including multilayer PCBs, camera modules and laminates, across Tamil Nadu, Andhra Pradesh and Madhya Pradesh. The projects are expected to produce components worth ~₹365.6 billion and create over 5,100 direct jobs, aligning with India’s push to reduce import-dependence and strengthen global value-chains.
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economy
India
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industrial policy
Oct 27, 2025 • 18:23 IST