The Indian government has approved 22 new investment proposals under the Electronics Component Production-Linked Incentive (PLI) scheme, projecting a combined investment of ₹41,863 crore and estimated output worth ₹2.58 lakh crore.
These projects are also expected to generate approximately 37,000 employment opportunities.
The most recent approvals mark the third round under the Electronics Component PLI scheme, notified in April 2025 with a total outlay of ₹22,919 crore.
This round of 22 projects includes investments from key players such as Dixon Technologies, Foxconn, Samsung, Tata Electronics, Motherson Electronics Components, and Hindalco Industries.
Dixon Technologies received clearance for 2 projects. One involves its joint venture, Kunshan Q Tech Microelectronics in Uttar Pradesh, where it holds a 51% stake and the remainder is with a Singapore-based subsidiary of a Chinese company.
Another approved unit, Dixon Electroconnect, will manufacture optical transceivers in Madhya Pradesh.
This 3rd tranche is notable for the first approval of a project with Chinese linkage under the Electronics Component PLI scheme. Foxconn has also made its debut investment in India’s electronics component ecosystem through this round.
The approved initiatives focus on strengthening the domestic value chain for components such as camera modules, display modules, and printed circuit boards (PCBs).
The scheme is also aimed at boosting export competitiveness and reducing reliance on imported components by encouraging domestic manufacturing capabilities.
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Before this round, the Ministry of Electronics and Information Technology (MeitY) had approved 24 projects in November 2025, involving investments of ₹12,700 crore, including 17 proposals worth ₹7,100 crore.
In October 2025, ₹5,500 crore worth of investment proposals were cleared. These rounds reflect a phased approach to building electronic manufacturing strength and ecosystem capabilities in India.
The approval of 22 projects under the Electronics Component PLI scheme totals ₹41,863 crore in potential investment, with an estimated production output of ₹2.58 lakh crore and job creation for nearly 37,000 individuals. These clearances demonstrate continued activity under the government’s PLI initiative for electronics manufacturing.
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Published on: Jan 2, 2026, 3:54 PM IST
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