The Ministry of Electronics and Information Technology (Meity) is ready to allocate over Rs 35,000 crore for the proposed production-linked incentive (PLI) scheme for electronic components, in a bid to transform India into a global hub for sub-assemblies, a senior official said.
Subassemblies, consisting of various components and parts, are integral to creating complete products. Under this upcoming scheme, the identified subassemblies include camera modules (with components such as connectors, sensors, lenses, gold wires, and adhesive), display assemblies, mechanical parts (resins, mesh, adhesive, film, and gasket), battery packs, battery chargers, and vibrators.
It is estimated that scaling up the