Centre Notifies ₹22,919 Cr Electronics Component Scheme to Boost Atmanirbhar Bharat

By  News On Air   Apr 08, 2025

Union Minister for Electronics and IT Ashwini Vaishnaw said the notification for the Electronics Component Manufacturing Scheme would be issued today. Recently, the Union Cabinet approved this scheme with a funding of 22,919 crore rupees to make India Atmanirbhar in the electronics supply chain. 

Addressing the media in New Delhi about the scheme, Mr Vaishnaw said that after the issuance of the notification, the process of holding consultations with the industries will begin for framing the guidelines for the implementation of the scheme.

He added that within a few weeks, a portal will be opened for receiving applications under the scheme.

Mr Vaishnaw highlighted that in the past ten years, the country has registered a remarkable growth in the electronics sector. He said that in the last ten years, electronics manufacturing has increased by five times while electronics exports registered a sixfold growth.