Electronics PLI: Local Design, Quality Crucial; Daily Progress Calls Expected: Vaishnaw

India
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CNBC TV18•02-01-2026, 13:18
Electronics PLI: Local Design, Quality Crucial; Daily Progress Calls Expected: Vaishnaw
- •Minister Ashwini Vaishnaw urges Electronics PLI participants to boost local design, domestic sourcing, and global quality (Six Sigma).
- •Companies must build strong design teams in India and reduce import reliance for components.
- •Progress on these targets will be closely monitored, with daily review calls from the Minister's office.
- •46 projects approved under Electronics Component PLI, projecting ₹54,500 crore investment and 51,000 jobs.
- •India's semiconductor ambition targets 2026 for commercial production from four units: Kaynes, Tata Assam, Micron, CG Power.
Why It Matters: Ashwini Vaishnaw mandates local design, quality, and strict monitoring for Electronics PLI success.
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