India approves $4.6 billion in Electronics Investments to Strengthen Homegrown Supply Chains

India has approved $4.6 billion in electronics investments, clearing 22 projects expected to generate $28.6 billion in output. Backed by firms including Samsung and Tata, the plan targets key components to cut import dependence and strengthen supply chains. The push aligns with Apple’s expanding India production and upcoming semiconductor fabs from Micron and Tata this year to boost manufacturing resilience nationwide.

India has moved forward with a major push to expand its domestic electronics manufacturing base, approving investments worth $4.6 billion as the government intensifies efforts to reduce reliance on foreign supply chains and compete more directly with China.

The Ministry of Electronics and Information Technology has signed off on 22 investment proposals under its Electronics Components Manufacturing Plan. Together, these projects are expected to generate production valued at about 2.58 trillion rupees, or roughly $28.6 billion, according to an official statement released on Friday.

The approved initiatives include participation from large global and domestic players, notably Samsung and Tata Electronics. The projects span the production of 11 key components used across a range of industries, including smartphones, telecommunications equipment, consumer electronics, automobiles, and IT hardware.

Officials said the investments are designed to reinforce India’s electronics ecosystem by building stronger local supply networks and cutting dependence on imported parts. A particular focus is being placed on high-value sub-assemblies such as camera modules and display units, areas where India has traditionally relied heavily on overseas suppliers. By expanding domestic capabilities in these segments, the government aims to make the supply chain more resilient to global disruptions.

This policy push comes at a time when global manufacturers are rethinking their production footprints. Apple, for instance, has been increasing the number of factories assembling iPhones in India, after shifting much of its US-bound production away from China to lower exposure to potential tariff risks. Although India currently faces some of the highest US tariff rates worldwide, electronic products have so far avoided the harshest duties.

The government has also taken steps to support component manufacturing tied to Apple’s supply chain. In November, it approved a proposal by Aequs, an Apple supplier, to establish a facility focused on producing mobile phone enclosures and metal castings.

Looking ahead, Electronics and Information Technology Minister Ashwini Vaishnaw said that four semiconductor fabrication plants are expected to begin commercial production this year. These include facilities backed by Micron and Tata, marking a significant milestone in India’s ambitions to develop a more complete and self-sufficient electronics manufacturing ecosystem.

Together, the latest approvals signal a sustained effort by New Delhi to position India as a global manufacturing hub for electronics, while insulating its supply chains from geopolitical and economic uncertainties.