Global Trade Alert
Global Trade Alert

India: Electronics Component Manufacturing Scheme approved with a budget of USD 2.65 billion

Announcement

28 Mar 2025

In March 2025, the Indian government approved the Electronics Component Manufacturing Scheme to enhance the electronics supply chain. The scheme, announced by the Union Cabinet, offers funding of INR 22'919 crore (USD 2.65 billion).

On 8 April 2025, the scheme was notified.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 May 2025

Revocation date:

31 Mar 2032

To be terminated: 30 Mar 2026
Local content incentive In force

Recent update from 30 Mar 2026:

On 30 March 2026, a higher budget was approved for the scheme.

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Implementation date

01 May 2025

Revocation date:

31 Mar 2026

Terminated: 01 Apr 2026
Financial grant

Recent update from 30 Mar 2026:

On 30 March 2026, the total budget under the scheme was increased (see related state act).

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Terminated: 01 Apr 2026
Production subsidy

On 30 March 2026, the total budget under the scheme was increased (see related state act).

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