The Indian government is set to initiate approvals for its ₹22,919-crore Production-Linked Incentive (PLI) scheme for electronic components by August or September 2025. This scheme, approved by the Union Cabinet in March, aims to bolster domestic manufacturing of passive electronic components such as display modules, camera units, multi-layer printed circuit boards, and lithium-ion cells. It has attracted nearly 100 applications from both established companies and new entrants, including Dixon Technologies, Zetwerk Electronics, Tata Electronics, and Foxconn’s Yuzhan Technology. A project management agency is expected to be appointed within a month to screen these applications, with approvals following shortly thereafter. The scheme is projected to generate approximately 91,600 direct jobs and attract investments totaling ₹59,350 crore, resulting in a production value of ₹4.56 lakh crore over the next six years .

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