A substantial portion of the investment and employment generation will come from vendors linked to Apple's expanding manufacturing footprint in India
Business
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Moneycontrol03-01-2026, 10:33

India's Electronics Boom: Foxconn, Samsung, Tata Drive Rs 41,863 Cr Investment, 33,791 Jobs

  • India approves 22 new ECMS proposals, attracting Rs 41,863 crore investment and generating 33,791 jobs, boosting electronics manufacturing.
  • Apple supply chain vendors like Foxconn, Tata Electronics, and ATL Battery Technology India are key investors, integrating into global networks.
  • Projects span eight states, focusing on high-value components like enclosures (Rs 27,166 crore), PCBs (Rs 7,377 crore), and lithium-ion cells (Rs 2,922 crore).
  • Union IT Minister Ashwini Vaishnaw emphasized structural reforms, supportive policies, and the need for design capabilities and global quality benchmarks.
  • Major players include Foxconn (Yuzhan Technology India), Samsung Display Noida, Tata Electronics, and Dixon Technologies, with Foxconn's Tamil Nadu project alone creating over 16,200 jobs.

Why It Matters: India's electronics manufacturing gets a massive boost with Rs 41,863 crore investment and 33,791 new jobs.

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