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These approvals are expected to lead to an investment of ₹41,863 crore and are likely to create around 37,000 jobs. Generation from 22 sanctioned projects is estimated at ₹2.58 lakh crore.
Two projects from Dixon Technologies are among the 22 proposals approved in the latest, third tranche of the Electronics Component PLI scheme. Notably, Dixon’s Kunshan Q Tech microelectronics project in Uttar Pradesh involves a joint venture in which Dixon holds a 51% stake, while the remaining stake is held by a Singapore-based subsidiary of a Chinese company.
The other Dixon project, the optical transceiver unit of Dixon Electroconnect, is located in Madhya Pradesh.
The first two tranches approved by MeitY did not include any projects with joint ventures involving China, making it the first instance under the scheme.
Other major approvals in the third tranche include Foxconn, marking its first investment in India’s component ecosystem, along with projects from Samsung, Tata Electronics, Motherson Electronics Components and Hindalco Industries.
#justin Government approved 22 investment proposals under electronics component #More Plan
▶️Approval of 22 projects likely to generate investment of ₹41,863 crore
▶️22 approved projects are likely to generate ₹2.58 lakh crore pic.twitter.com/rOAzOfsZox
– CNBC-TV18 (@CNBCTV18Live) 2 January 2026
The approved projects aim to build the domestic value chain for key electronic components such as camera modules, display modules and printed circuit boards (PCBs). The scheme also emphasizes on enhancing the export competitiveness of India’s electronics component ecosystem.
The latest approval is based on the approval given earlier under the scheme. In November 2025, the government had approved 24 projects involving an investment of ₹12,700 crore, including 17 proposals worth over ₹7,100 crore in the second tranche after approval of ₹5,500 crore in the previous month. The total outlay of the electronic components PLI scheme notified in April 2025 is ₹22,919 crore.
Industry leaders have said that while the consecutive rounds of approvals indicate growing confidence in India’s electronics manufacturing sector, the next phase will depend on expansion, strengthening the local component ecosystem and building design capabilities to achieve a stronger position in global value chains.