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Cabinet Approves PLI Scheme Of ₹ 22,919 Crore To Boost Electronics Manufacturing In India

  • The Union Cabinet approves the production-linked incentive (PLI) scheme for non-semiconductor electronics components with a budget of ₹22,919 crore.
  • The scheme aims to boost indigenous capacity in the electronics supply chain and attract an investment of ₹59,350 crore.
  • It is expected to generate additional direct employment for 91,600 citizens and benefit sectors like electronics, telecom, consumer, medical devices, automobile, and power.
  • The focus is to shift from import substitution to export-led growth, promoting employment, workforce competitiveness, and economic development.

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