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Apr 18, 2026

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India Launches $5 Billion Initiative to Boost Domestic Electronics Component Manufacturing

India is gearing up to unveil a groundbreaking $5 billion incentive scheme aimed at boosting domestic production of electronics components for devices such as smartphones, laptops, and more. According to Reuters, this initiative seeks to reduce dependence on imports, particularly from China, and strengthen local supply chains in the rapidly growing electronics sector. India’s electronics production has seen remarkable growth, …

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