Electronics component manufacturers eye govt support in Budget 2025

Electronics manufacturers hope for a production-linked incentive scheme in the upcoming Budget, while the government hopes production can move to Tier II towns to generate jobs

Companies in the electronics supply chain believe they can break the long line of Indian manufacturing sectors which have struggled to expand without government patronage. But for now they are hoping for a production-linked incentive (PLI) scheme in Budget 2025 based on their performance so far.  

 

They might get additional support from a soon-to-be-released government plan to nudge their production bases to Tier II towns. The move is likely to be announced at a meeting of state chief secretaries with Prime Minister Narendra Modi later this month. 

 

“We need to believe, though, that we can continue to maintain a robust