New Delhi, March 28 -- The Union Cabinet approved a Rs.25,000 crore production-linked incentive (PLI) scheme aimed at boosting electronic component manufacturing, media reports said.

Moneycontrol reported that the initiative focuses on key components such as batteries, displays, camera modules, and printed circuit boards (PCBs), with the goal of reducing import dependency and strengthening India's electronics supply chain.

Rising electronics production

India's electronics production has surged over the past six years, reaching $115 billion in 2024-driven primarily by mobile manufacturing from companies like Apple and Samsung.

The PLI scheme is expected to further attract both domestic and global investment while generating employment ...