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4w ago

Tamil Nadu Launches ₹30,000 Crore Electronics Manufacturing Scheme

The initiative aims to drive investments, create 60,000 jobs, and boost sector revenue to $50 billion within three years.

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Overview

  • Chief Minister M. K. Stalin officially launched the Tamil Nadu Electronics Components Manufacturing Scheme on April 30, 2025.
  • The scheme offers 1:1 matching incentives aligned with the Union government’s Electronics Components Manufacturing Scheme to attract manufacturers.
  • The state targets ₹30,000 crore in investments and the creation of 60,000 new jobs through this initiative.
  • Tamil Nadu aims to scale its electronics sector revenue from $14 billion to $50 billion within the next two to three years.
  • The scheme builds on Tamil Nadu’s 2024 Semiconductor and Advanced Electronics Policy, leveraging its established manufacturing hubs in Chennai, Coimbatore, and Trichy.