Overview
- Seven projects under the Electronics Component Manufacturing Scheme were approved to receive Rs 55.32 billion in grants to build PCBs, camera-module sub-assemblies, and related inputs.
- Ashwini Vaishnaw said the new plants are expected to meet 20% of domestic PCB demand and 15% of camera-module sub-assembly needs, with about 60% of output headed for export.
- The scheme has attracted 249 applications with proposed investments totaling roughly Rs 1.15 trillion, signaling strong interest from local and global firms.
- Piyush Goyal urged industry to scale domestic manufacturing, as the ministry reported April–September 2025 electronic goods imports at $56.15 billion and exports at $22.2 billion, with smartphone exports up 58% to $13.38 billion.
- Government data highlight rising scale in phones manufacturing, with India now the second-largest mobile phone producer and the top smartphone exporter to the U.S. in the quarter ended September 2025.