MeitY Launches INR 22,919 Cr Electronics Manufacturing Scheme

 

In a significant move to bolster electronics manufacturing in India, the Ministry of Electronics and Information Technology (MeitY) has unveiled a robust new scheme worth INR 22,919 crore. The initiative is part of the Indian government PLI scheme 2025 framework and aims to transform India into a global hub for electronics design and manufacturing. Over the next six years, this scheme is expected to attract major investments from both domestic and international players, generate employment opportunities, reduce import dependency, and contribute to the country’s export-led growth.

Driving the Next Phase of ‘Make in India’ for Electronics
The new MeitY electronics scheme aligns with the broader Make in India electronics strategy, targeting critical sectors like semiconductors, consumer electronics, electronic components, and multi-layer PCBs in India. By encouraging the establishment of advanced manufacturing units, the initiative aims to scale up domestic production capacity, especially in high-value segments.

Manufacturers will be incentivized to produce a wide range of components—ranging from display panels and semiconductor chips to mobile devices and industrial electronics. A special focus is also being placed on building local capabilities for multi-layer printed circuit boards (PCBs), which are crucial for a wide range of electronic devices including smartphones, laptops, and industrial machinery.

Key Highlights of the Scheme
Total Outlay: INR 22,919 crore over a six-year period.
Target Segments: Semiconductors, advanced electronic components, consumer electronics, telecom equipment, and industrial systems.
Eligibility: Indian and global companies that commit to significant investments, set up manufacturing bases, and contribute to domestic value addition.
Objective: Enhance India’s self-reliance in electronics manufacturing and make it a global manufacturing destination.

India currently imports a large portion of its electronics needs, especially in advanced components and semiconductors. This PLI scheme 2025 aims to reverse that trend by promoting local production at a globally competitive scale. By facilitating technology transfer, building robust supply chains, and supporting research and innovation, MeitY is focused on developing an end-to-end electronics ecosystem within the country.

Industry leaders have welcomed the announcement, calling it a timely push for India’s ambitions to lead in global electronics manufacturing. The emphasis on multi-layer PCBs India and advanced semiconductor capabilities is expected to have a ripple effect across the technology and manufacturing sectors.

As India competes with other manufacturing powerhouses in Asia, the MeitY electronics scheme reinforces the government’s commitment to long-term industrial growth and innovation. With the groundwork laid by earlier PLI schemes and the rapid rise in electronics demand, this initiative could be the catalyst that positions India as a serious contender in the global supply chain.

The Indian government’s PLI scheme 2025 under MeitY marks a pivotal step toward achieving self-reliance in electronics, aligning with the nation’s strategic goals under Make in India electronics. By incentivizing large-scale investments, boosting exports, and nurturing technological excellence, this scheme has the potential to redefine electronics manufacturing in India for years to come.