Jakarta, INTI - On Monday, March 30, 2026, India’s Ministry of Electronics and Information Technology (MEITy) approved 29 investment proposals for electronic component manufacturing program worth approximately 71.04 billion rupees (equivalent to Rp12.8 trillion). This increasingly strengthens India’s position as a global electronics manufacturing center amid a shift in investment from China.
This is part of a broader strategy to attract investment, both domestic and foreign, while reducing dependence on imports and strengthening the domestic supply chain. The government also continues to encourage increased national production capacity to strengthen the competitiveness of the electronics industry.
India Aims to Increase Production Value and Attract Global Investment
Currently, India’s electronics manufacturing sector’s production value has reached approximately US$125 billion as of March 2025, and is targeted to increase to US$500 billion by fiscal year 2031. The approved proposals cover various strategic sectors, such as mobile phones, telecommunications, consumer electronics, automotive, and hardware.
One of the approved projects is from a unit of Dixon Technologies, which will produce display modules. Additionally, Lohum Cleantech received approval to produce rare earth permanent magnets, the first project in India in this category.
According to Reuters, the government is also preparing new incentives to encourage local mobile phone production, following the end of the previous program in March. This move is expected to further attract global technology companies like Apple and Samsung to expand their investments in India.
Conclusion
India is accelerating its position as a global electronics manufacturing hub by approving 29 investment proposals worth 71.04 billion rupees for component production, as part of a strategy to attract investors and reduce import dependence. The government aims to increase the production value of the electronics industry from US$125 billion in 2025 to US$500 billion by 2031. The project involves companies such as Dixon Technologies and Lohum Cleantech.
Read more: Apple Expands Its Manufacturing Program to Bring More Production to The US