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

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

Daily Current Affairs   /   Centre Notifies ₹22,919 Cr Electronics Component Scheme To Boost Atmanirbhar Bharat

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Category : National Published on: April 10 2025

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  • The Government of India has notified a scheme worth ₹22,919 crore to boost electronics component manufacturing and make India self-reliant in the electronics supply chain.
  • Union Minister Ashwini Vaishnaw announced that a portal will soon be launched to invite applications under the scheme, and industry consultations will begin to finalize implementation guidelines.
  • India has witnessed remarkable growth in the electronics sector over the past decade, with mobile phone exports crossing ₹2 lakh crore in FY 2024-25—a 54% increase over the previous year—and 25 lakh jobs created.
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