The approvals are anticipated to lead to investments of ₹41,863 crore and are expected to create nearly 37,000 jobs. The output from the 22 approved initiatives is projected at ₹2.58 lakh crore.
To date, over half of the total investments approved (around ₹22,000 crore) have been directed towards the Apple ecosystem.
Among the 22 proposals approved in the latest, third tranche of the Electronics Component PLI scheme, two projects are by Dixon Technologies. Notably, Dixon’s Kunshan Q Tech Microelectronics project in Uttar Pradesh involves a joint venture with Dixon holding a 51% equity, while the remainder is owned by a Singapore-based subsidiary of a Chinese firm.
The other project by Dixon, the optical transceiver unit of Dixon Electroconnect, is situated in Madhya Pradesh.
The first two tranches approved by MeitY did not include any projects featuring Chinese-linked joint ventures, making this the first occurrence under the scheme.
Additional significant approvals in this third tranche include Foxconn, marking its inaugural investment into India’s component sector, alongside projects from Samsung, Tata Electronics, Motherson Electronics Components, and Hindalco Industries.
#JustIn | Govt approves 22 investment proposals under Electronics Component #PLI scheme
▶️Approval of 22 projects likely to result in an investment of ₹41,863 cr▶️Output from 22 approved projects projected at ₹2.58 lk cr pic.twitter.com/rOAzOfsZox
— CNBC-TV18 (@CNBCTV18Live) January 2, 2026
The sanctioned projects aim to establish a domestic value chain for crucial electronic components like camera modules, display modules, and printed circuit boards (PCBs). The scheme also focuses on improving the export competitiveness of India’s electronics component ecosystem.
The recent approvals build upon earlier clearances under the scheme. In November 2025, the government approved 24 projects involving investments of ₹12,700 crore, including 17 proposals worth over ₹7,100 crore in a second tranche, following approvals totaling ₹5,500 crore the prior month. The electronic component PLI scheme, announced in April 2025, has a total budget of ₹22,919 crore.
Industry leaders have indicated that while successive approvals demonstrate growing confidence in India’s electronics manufacturing initiative, the next phase will depend on scaling operations, strengthening local component ecosystems, and enhancing design capabilities to secure a stronger position within global value chains.
Also Read: Canada asks Air India to probe incident of pilot reporting for duty under influence of alcohol, source says
