The government on March 30 approved 29 applications under its electronics component scheme, involving ₹7,104 crore investment, MeitY Secretary S Krishnan said. The projects are expected to generate 14,246 jobs and produce components worth ₹84,515 crore, strengthening India’s role in the global electronics supply chain, according to official statements.

New Delhi: The government on Monday approved 29 new applications under its electronics component manufacturing scheme, aiming to boost domestic production and investment in the sector.

According to S Krishnan, Secretary at the Ministry of Electronics and IT (MeitY), these fresh proposals involve a cumulative investment of Rs 7,104 crore.

He added that the new investments are expected to generate around 14,246 jobs, providing a significant push to employment in the electronics manufacturing segment.

Krishnan also said that the approved projects will lead to the production of electronic components worth Rs 84,515 crore.