<h1>New Electronics Manufacturing Scheme to Boost Indigenous Production, Create Jobs, and Address Component Deficit by 2030</h1> The government plans to announce a Rs 22,919 crore electronics manufacturing scheme within three weeks, focusing on indigenous production of non-semiconductor components. This initiative, approved by the Union Cabinet, aims to attract Rs 59,350 crore in investments, produce components worth Rs 4.5 lakh crore, and create 91,600 direct jobs. The six-year scheme offers incentives based on employment, capital requirements, and turnover. It targets export-led growth, covering components like display modules, PCBs, and lithium-ion cells. The scheme seeks to reduce the projected USD 248 billion deficit in non-semiconductor components by 2030, as estimated by Elcina.