Government Approves 29 New Electronics Manufacturing Projects to Boost Domestic Production

The Indian government has recently approved 29 new applications under its electronics component manufacturing scheme, aiming to enhance domestic production and attract investment. This initiative is expected to generate over 14,000 jobs and produce electronic components worth Rs 84,515 crore. With the total number of approved applications now at 75, officials highlight the rapid growth of India's digital economy, which is expanding at twice the pace of the overall economy. The emphasis on nurturing local talent and enhancing cyber security capabilities further underscores the government's commitment to strengthening the electronics sector.

By Narendra Chaudhary Mar 30, 2026, 14:26 IST

New Initiatives in Electronics Manufacturing

New Delhi, March 30: On Monday, the government sanctioned 29 additional applications as part of its initiative to enhance electronics component manufacturing, aiming to stimulate local production and investment.

S. Krishnan, Secretary of the Ministry of Electronics and IT (MeitY), revealed that these new proposals represent a total investment of Rs 7,104 crore.

He further noted that these investments are projected to create approximately 14,246 jobs, significantly boosting employment within the electronics manufacturing sector.

According to Krishnan, the approved initiatives are expected to yield electronic components valued at Rs 84,515 crore.

“This will fortify India’s role in the global electronics supply chain,” he remarked.

With this latest approval, the cumulative number of applications authorized under the scheme has now reached 75.

In addition, Krishnan mentioned that India’s digital economy, which constituted around 6-7 percent of the GDP prior to 2010 and had doubled by 2014, is currently growing at a rate twice that of the overall economy.

During the Nagaland Digital Entrepreneurship and Startup Fest last December, he emphasized the remarkable talent among Naga youth, particularly their creativity and proficiency in English, and highlighted the importance of institutions like the National Institute of Electronics & Information Technology (NIELIT) in fostering this talent.

“Of the 55 NIELIT centers across India, 20 are situated in the Northeast region,” he pointed out.

Krishnan also discussed the importance of cyber security, asserting that India must not rely on foreign technologies in this vital area.

He praised the Cyber Security Lab at NIELIT Kohima as one of the best in the nation, playing a crucial role in cyber policing.