Overview
- The scheme’s July deadline has prompted leading firms such as Dixon Technologies, Amber Enterprises and PG Electroplast to finalize partnerships with South Korean, Taiwanese and Japanese companies.
- Press Note 3’s requirement for multi-ministerial clearance of Chinese investment has driven manufacturers to avoid potential regulatory delays in their subsidy timelines.
- China’s restrictions on rare earth magnet exports have heightened urgency among Indian producers to diversify critical component supply chains away from the country.
- Official projections expect the six-year scheme to attract ₹59,350 crore in investments, generate ₹4,56,500 crore in output and create 91,600 direct jobs.
- Any proposed Chinese collaboration is now undergoing strict regulatory review before final approval.