India’s PLI Scheme Boosts Electronics

India’s PLI Scheme Boosts Electronics

PLI Scheme

India’s electronics manufacturing sector is set for a major boost with the government’s $2.7 billion Production-Linked Incentive (PLI) scheme. This initiative aims to enhance local production, attract $7 billion in investments, and generate around 91,000 jobs over the next five years.

With a focus on Make in India, the scheme supports domestic and global manufacturers, fostering innovation and technological growth. India’s strategic push in electronics manufacturing strengthens its position as a global hub, reducing import dependency and driving economic expansion.

Stay tuned as India accelerates towards self-reliance in electronics production, creating new opportunities for businesses and job seekers alike! 🚀

https://newsvibe24x7.com/indias-electronics-boom/

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