March 28, 2025
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Electronics manufacturing scheme: notification imminent, offering employment, capital and turnover incentives to boost passive component production.
Notification of a centrally approved Electronics Components Manufacturing Scheme is imminent and will run for six years, targeting indigenous production of passive electronic components through three incentive pillars: employment based incentives, capital support for high capex items, and turnover linked incentives. The scheme covers display module sub assemblies, electro mechanicals, multi layer PCBs, enclosures for mobile and IT hardware, related devices and lithium ion cells, and aims to attract investment, expand production, generate direct employment and strengthen domestic supply chains.