New Delhi, July 21 (IANS) The government’s Production Linked Incentive (PLI) schemes have attracted actual investments of more than Rs 2.40 lakh crore, generated over 14.15 lakh direct and indirect jobs, and enabled exports worth Rs 15.2 lakh crore across 14 key sectors as of March 31, 2026, Parliament was informed on Tuesday.In a written reply in the Lok Sabha, MoS for Commerce and Industry Jitin Prasada said the PLI schemes, launched with an approved financial outlay of Rs 1.91 lakh crore.The …
Latest Electronics Manufacturing. News & Updates
New Delhi, July 15 (IANS) India’s electronics manufacturing sector has created nearly 25 lakh jobs over the past decade, while production has increased almost seven-fold, underscoring the country’s emergence as a global manufacturing hub driven by the Make in India initiative, the Ministry of Electronics & IT (MeitY) said on Wednesday.The sector has become one of the fastest-growing sources of industrial employment, with the mobile manufacturing ecosystem alone supporting around 12 lakh dire…
New Delhi, July 15 (IANS) The Union Cabinet — chaired by Prime Minister Narendra Modi — on Wednesday approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore to scale up domestic production, boost exports and strengthen India’s position as a global electronics manufacturing hub.The scheme — which will run for five years from FY2026-27 to FY2030-31 — aims to strengthen supply chain resilience, enhance global competitiveness and encourage the development…
Hyderabad, July 11 (IANS) The government is considering launching a pilot project to establish sector-specific data trusts at IIT Hyderabad to make high-quality Indian datasets available for artificial intelligence (AI) development, while ensuring secure and responsible access, Union Minister for Railways, Information and Broadcasting, and Electronics and Information Technology Ashwini Vaishnaw said on Saturday.Speaking during an interaction with industry leaders here, Vaishnaw said the proposal…
New Delhi, July 11 (IANS) Commerce Secretary Rajesh Agrawal has said that India’s policy framework must provide the predictability and stability required for global value chains to expand their presence in the country.The global electronics industry is increasingly driven by these value chains, he said at Chintan Shivir organised here by the Department of Commerce, to develop policy recommendations for strengthening India’s electronics manufacturing and export competitiveness.He observed that …
Washington, July 9 (IANS) India’s push to establish itself as a global manufacturing hub is beginning to pay off as international supply chains diversify, with the International Monetary Fund (IMF) saying on Thursday that it is already seeing tangible evidence of the shift, particularly in electronics manufacturing, while urging New Delhi to sustain structural reforms to maintain the momentum. Responding to questions at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Commun…
Gandhinagar, July 9 (IANS) Gujarat government unveiled its ‘Data Center Policy 2026-29’ on Thursday, with Chief Minister Bhupendra Patel describing it as a step towards state’s emergence as the country’s preferred destination for data centre investments. Launching the policy at an event attended by Deputy Chief Minister Harsh Sanghavi, Science and Technology Minister Arjun Modhwadia, Chief Secretary M. K. Das, senior bureaucrats, industry representatives and investors, the Chief Minister said th…
New Delhi, June 30 (IANS) India could face water demand that is double its available supply by 2030, creating over Rs 20 lakh crore in investment opportunities in the next decade, a report said on Tuesday.The report from PL Capital said that investment opportunities span across water treatment, wastewater recycling and sewage infrastructure.India — home to nearly 18 per cent of the world’s population but with only about 4 per cent of global freshwater resources — is confronting growing scarc…
New Delhi, June 30 (IANS) The Finance Ministry’s Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, paving the way for the next phase of the country’s semiconductor manufacturing push, according to a report in NDTV Profit.The proposal was cleared by the committee last week and will now be sent to the Union Cabinet for final approval.The proposed outlay marks a significant increase from the Rs 76,000 crore allocated as p…
New Delhi, June 28 (IANS) Union Minister Ashwini Vaishnaw has said the upcoming Amber and Ascent Electronics manufacturing facilities will mark a new chapter in India’s electronics sector, with advanced printed circuit board (PCB) production set to strengthen the country’s electronics ecosystem and enhance its global competitiveness.“A new chapter in Bharat’s electronics manufacturing. The Amber & Ascent Electronics Manufacturing Plant will produce advanced Printed Circuit Boards (PCBs),…