Budget 2026: India Boosts Electronic Manufacturing with ₹40,000 Crore Outlay

• Finance Minister Nirmala Sitharaman announced an increased outlay of ₹40,000 crore for the Electronic Components Manufacturing Scheme in Budget 2026.
• The scheme aims to strengthen India's domestic electronics supply chain and attract significant investments.
• Shares of electronic manufacturing companies like Kaynes Tech, Dixon Tech, PG Electroplast, and Syrma SGS Tech surged over 5% following the announcement.
• The government also allocated ₹1,248.3 crore for R&D in Electronics and IT, with a capital expenditure of ₹12.2 lakh crore for FY27.
• Prof. Indranil Manna highlighted the India Semiconductor Mission 2.0's role in building a full-stack semiconductor ecosystem under the Yuva Shakti vision for Viksit Bharat.

Why It Matters: India significantly increases investment in electronic component manufacturing to boost domestic supply chains and attract investment.