India has approved $4.6 billion in electronics component investments as the Narendra Modi government steps up efforts to build local supply chains and challenge China.

Jan 2 (Reuters) - India has approved projects worth 418.63 billion rupees ($4.64 billion) from a host of companies to boost domestic manufacturing of electronic components under an incentive ...

India has approved a new wave of electronics component investments as global manufacturers adjust supply chains long centred on China. The decision highlights a strategic shift by New Delhi toward ...

The Union Cabinet on March 28, 2025, approved the Electronics Component Manufacturing Scheme with a funding of Rs 22,919 crore to make India Atmanirbhar in the electronics supply chain.

New Delhi: To make India 'Atmanirbhar' in the electronics supply chain, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the electronics component manufacturing ...

India's electronics sector is experiencing significant growth, driven by new free trade agreements and supportive government policies. Industry leaders anticipate a surge in exports to $120 ...

Budget 2026 will need to go beyond incentives and tariffs, targeting structural competitiveness, supply-chain depth, and diversification if India is to counter China’s scale and pricing advantage.

Union Budget: The COVID-19 pandemic's impact on global supply chains has driven companies to diversify from China, presenting an opportunity for India to become a major electronics hub. Budget ...

The Electronic Industries Association of India (Elcina) noted that India's non-semiconductor component production stood at $13 billion in 2022 and is projected to grow to $20.7 billion by 2026 ...

India is all set to emerge as a key player in global electronics manufacturing, driven by strategic integration into global value chains (GVCs) and a sharp shift towards export-oriented policies.