Govt approves 17 projects under electronics component PLI scheme worth Rs 7,172 crore

The Central government has approved 17 new projects under the Electronics Component PLI Scheme, attracting a total investment of ₹7,712 crore, IT Secretary S Krishnan announced on November 17. The approvals mark another major step in strengthening India’s domestic electronics manufacturing ecosystem.

Speaking at an event in New Delhi, Krishnan confirmed that these approvals were selected from 249 applications, making this tranche one of the most competitive so far.

This round includes India’s first-ever investments in optical transceiver manufacturing, PCB fabrication up to 40 layers, and quartz crystal manufacturing — all critical components for electronic devices.

First-ever investment from Jammu & Kashmir

In a key highlight, the government received its first PLI investment proposal from Jammu & Kashmir, marking an important moment for the region’s electronics industry. Other approved companies hail from Uttar Pradesh, Madhya Pradesh, Karnataka, Maharashtra, Tamil Nadu, and more.

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Major approved companies and investments

Of the 17 approvals, 10 key projects include:

• Aequs Consumer Products Pvt Ltd – ₹1,500 crore investment; production expected at ₹7,669 crore

• TE Connectivity India Pvt Ltd – ₹612 crore

• Jabil Circuit India Pvt Ltd – ₹957 crore

• Zetchem – ₹55 crore

• Micropack Pvt Ltd – ₹54 crore

• Uno Minda – ₹264 crore

• Syrma Mobility Pvt Ltd – ₹250 crore

• Meena Electrotech Pvt Ltd (J&K) – ₹111 crore

These companies will manufacture critical components that will deepen India’s value chain and reduce import dependency.

“The basic objective is to deepen the value chain in India. The world is looking at diverse and resilient supply chains, and India is a key player in that,” Krishnan said.

Government pushes for design, quality, and supplier development

Union IT Minister Ashwini Vaishnaw outlined the three major priorities for long-term success:

1. Strengthening design capabilities across India

2. Achieving Six Sigma-level quality in manufacturing

3. Developing strong Indian suppliers who can meet global standards

He added that the government will also launch a skilling framework dedicated to the electronics sector to support upcoming demand.

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