Overview

• Proposals forecast Rs 10.34 lakh crore in production over six years versus a Rs 4.56 lakh crore target.
• Expected employment stands at 1.41 lakh positions compared with a 91,600 target.
• Incentive outgo is now estimated at Rs 41,468 crore against a budgeted Rs 22,805 crore.
• Sixty percent of applications are from MSMEs, with firms also setting up India-based design teams.
• One applicant committed Rs 22,000 crore as the scheme opens first-time investments in SMD passives, laminate, flexible PCBs and anodes; most application windows closed on September 30, the capital-equipment category stays open until April 2027, and two projects will require domestically sourced rare earths.