₹35,000 cr electronic parts PLI plan afoot to give sub-assemblies a legup

The Ministry of Electronics and Information Technology (Meity) is ready to allocate over 35,000 crore to the proposed production-linked incentive (PLI) scheme for electronic components, in a bid to transform India into a global hub for sub-assemblies, a senior official disclosed.

- SURAJEET DAS GUPTA

Sub-assemblies, comprising various components and parts, are integral to creating complete products. Under this upcoming scheme, the identified subassemblies include camera modules (featuring components such as connectors, sensors, lenses, golden wires, and glue), display assemblies, mechanical parts (resins, mesh, adhesive, film, and gasket), battery packs, battery chargers, and vibrators.

According to estimates, scaling up the production of these sub-assemblies in India could increase value addition in products like mobile phones by 25-28 per cent, while also boosting electronics ILLUSIKATION: BINAY SINHA exports. However, the required investments for sub-assemblies range from 500 crore to over 1,000 crore, depending on the scale of production.