The New Delhi Government has cleared seven projects worth an estimated 5,532 INR-Crore under the Electronics Components Manufacturing Scheme. These projects aim to boost domestic production and are expected to cut India’s import bill by nearly 20,000 INR-Crore.
The approved projects include manufacturing units for multi-layer PCBs, camera modules, copper laminates, and polypropylene films used in capacitors. The Kaynes Group received approval for four projects worth 3,280 INR-Crore, while Syrma Group, Ascent Circuits of Amber Group, and SRF Limited each bagged one project. Together, these units will meet about 27% of India’s PCB demand and 15% of its camera module needs, helping reduce import dependence.
Also Read: Upcoming TSPGCL Integrated Township, Nalgonda, Telangana
The projects are expected to create over 5,000 direct jobs and strengthen India’s electronics supply chain. Moreover, the Electronics Components Manufacturing Scheme has attracted investment proposals worth 1.15 Lakh INR-Crore, showing strong investor interest. This initiative supports India’s vision of building a self-reliant and globally competitive electronics components ecosystem.
Biltrax Construction Data is tracking 37,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
