India, March 28 -- In an effort to boost India's self-reliance in the electronics supply chain, the union cabinet today approved the much awaited production-linked incentive (PLI) scheme for non-semiconductor electronics components with an outlay of INR 22,919 Cr.

The scheme aims to attract an investment of INR 59,350 Cr, resulting in production of INR 4,56,500 Cr, and generating additional direct employment of 91,600 persons and many indirect jobs as well.

The tenure of the scheme is six years with one year of gestation period. Payout of a part of the incentive is also linked with employment targets achievement.

"This scheme aims to develop a robust component ecosystem by attracting large investments (global/domestic) in electronics c...