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Apr 21, 2025

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Tamil Nadu to Receive ₹1,112 Crore Investment for New Electronics Manufacturing Clusters

Tamil Nadu is set to strengthen its position in electronics manufacturing with the establishment of two new clusters in Pillaipakkam (Kancheepuram district) and Manalur (Thiruvallur district). The Union government has approved a total investment of ₹1,112 crore for these clusters, reinforcing India’s ambition to become a global electronics manufacturing powerhouse. Strategic Location and Economic Impact The strategic selection of Pillaipakkam …

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“India’s Rs 25,000 Crore Push to Transform the Electronics Components Industry”

India Gears Up for a Major Boost in Electronics Manufacturing The Indian government is set to launch an ambitious incentive scheme worth ₹25,000 crore (nearly $3 billion) to bolster the domestic manufacturing of electronics components. Approved by the finance ministry, this scheme aims to reduce India’s reliance on imports, enhance local production capabilities, and achieve a local value addition of …

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India’s Electronics Industry Set to Create 12 Million Jobs by 2027 Amid Unprecedented Growth

India’s electronics sector is poised for a transformative leap, targeting a manufacturing output of USD 500 billion by 2030, as per a report by TeamLease. To achieve this ambitious goal, the industry must expand fivefold over the next five years, bridging a USD 400 billion production gap. Presently, domestic production stands at USD 101 billion, with mobile phones leading the …

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