India has cleared 22 new projects under the Electronics Component PLI scheme. This strengthens its push to build a domestic electronics manufacturing ecosystem.

The approvals are expected to attract Rs 41,863 crore in investments, create nearly 37,000 jobs, and generate Rs 2.58 lakh crore in output.

Over Rs 22,000 crore of the total investment is linked to the Apple supply chain. This highlights its growing footprint in India.

The third tranche includes two Dixon Technologies projects. One is a 51:49 joint venture in Uttar Pradesh involving a Singapore-based subsidiary of a Chinese firm. It is the first Chinese-linked JV approved under the scheme.

Other key approvals include Foxconn, marking its first component investment in India. Additionally, approvals include Samsung, Tata Electronics, Motherson Electronics Components, and Hindalco.

The project’s focus on components such as camera modules, display modules, and PCBs aims to boost local value addition and exports.

The PLI scheme, notified in April 2025, has a total outlay of Rs 22,919 crore. Earlier tranches cleared 24 projects worth Rs 12,700 crore.

Ready to invest like a pro? Tradz by EquityPandit equips you with 100+ Free tools and knowledge you need to succeed. Download the Tradz app and gain access to daily stock lists and insightful market analysis and much more!