The Ministry of Electronics and Information Technology (MeitY) has approved ₹7,172 crore worth of investments from 17 electronics component manufacturers, marking a major boost to India’s electronics and semiconductor supply-chain ambitions. These proposals were submitted under the Production-Linked Incentive (PLI) 2.0 and the Design-Linked Incentive (DLI) schemes, both aimed at strengthening domestic manufacturing and reducing import dependency.
LIST OF 17 ELECTRONICS COMPONENT MANUFACTURERS
| Jabil Circuit India Private Limited – optical transceiver manufacturing. |
| Zetchem Supply Chain Services Private Limited – optical transceiver manufacturing. |
| Rakon India Private Limited – precision oscillators. |
| Aequs Consumer Products Private Limited – enclosures for laptops & smartwatches. |
| ASUX Safety Components India Private Limited – camera modules. |
| Uno Minda Limited – camera modules. |
| Syrma Mobility Private Limited – camera modules. |
| TE Connectivity India Private Limited – electronic connectors. |
| Hi‑Q Electronics Private Limited – multi-layer PCBs. |
| Secure Circuits Limited – multi-layer PCBs. |
| Zetfab India Private Limited – multi-layer PCBs. |
| Ehoome IOT Private Limited – multi-layer PCBs. |
| Sierra Circuits (India) Private Limited – multi-layer PCBs. |
| Meena Electrotech Private Limited – multi-layer PCBs (in Jammu & Kashmir). |
| AT &S India Private Limited – multi-layer PCBs. |
| Micropack Private Limited – multi-layer PCBs. |
| Infopower Technologies Private Limited – multi-layer PCBs. |
The approved investments span key sub-segments such as chip components, sensors, camera modules, precision parts, PCBs, passive components, and power electronics, all of which are critical for consumer electronics, automotive systems, telecom equipment, and industrial applications. This strategic diversification directly supports India’s aspiration to evolve into a global electronics hub.
One of the most significant outcomes is the projected creation of 11,800 direct jobs, alongside thousands of indirect employment opportunities through ancillary industries. The focus on high-value manufacturing—rather than assembly-driven operations—marks a shift toward deeper localization and capability-building within the domestic ecosystem.
MeitY’s approvals also align with India’s broader semiconductor mission, ensuring that essential components for smartphones, IoT devices, EVs, and data center equipment are increasingly produced within the country. This reduces supply-chain vulnerabilities and enhances India's competitiveness amid global realignment away from China.
Industry experts note that this investment round reflects strong investor confidence driven by stable policy incentives, rising domestic demand, and India’s expanding digital economy. If executed effectively, the initiative could help India close the component trade deficit and move significantly up the global electronics value chain.
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