India Approves £3.4bn Electronics Manufacturing Projects
Written by Finbarr Toesland Fri 9 Jan 2026
The Indian government has announced the approval of 22 major electronics manufacturing projects valued at around £3.4 billion ($4.6 billion), in a bid to boost the domestic production of IT hardware. Approved under the Electronics Components Manufacturing Scheme (ECMS), the investment will support Samsung Electronics, Foxconn and Tata Electronics.
According to the Indian Ministry of Electronics and Information Technology (MEitY), almost 34,000 jobs will be created as a direct result of these projects, which will be spread across a total of eight states in the country beyond traditional manufacturing hubs.
“The plants which started pilot production last year, they are the ones that will get into commercial production earlier, which is Kaynes and CG Semi. Micron has also started pilot production very recently. They will also go next month. Tata plant in Assam will start pilot production by middle of the year, and by the end of the year they will start the commercial production,” said Indian IT minister Ashwini Vaishnaw.
Vaishnaw is looking to enhance the Indian electronics manufacturing industry and reduce the number of imports by using domestically produced goods. This investment illustrates the growing shift in the global manufacturing space, as more and more countries are seeking to boost domestic manufacturing capacity and at the same time, lower the number of imports.
The investment will go towards manufacturing in 11 key segments across telecom, mobile, consumer electronics and IT hardware. Recent years have seen the rise of exports from the Indian telecoms sector, alongside low levels of import growth.
Indian Prime Minister Narendra Modi has previously spoken about his mission to turn India into a global hub for electronics manufacturing, with these projects going a long way to turn this goal into a reality.
Written by Finbarr Toesland Fri 9 Jan 2026