October 30, 2025 /SemiMedia/ — India has approved seven electronic-component manufacturing projects worth more than INR 55 billion (about US$625 million), aiming to strengthen local production and expand its semiconductor supply chain.

The projects include four by Kaynes Circuits India covering multi-layer and high-density printed circuit boards (PCBs), camera-module and laminate manufacturing, along with investments from SRF, Syrma Strategic Electronics and Ascent Circuits.

Located in Tamil Nadu, Andhra Pradesh and Madhya Pradesh, the facilities are expected to generate output valued at around INR 365.59 billion and create more than 5,100 direct jobs.

According to the Ministry of Electronics and Information Technology, the new approvals are intended to cut import dependence and build supply-chain strength in defence, telecommunications, electric vehicles and renewable energy.

Brokerage Motilal Oswal said India’s electronics-manufacturing market is projected to grow from INR 1.46 trillion in 2022 to about INR 6 trillion by fiscal 2027. The latest move underscores India’s effort to attract global and local investors and expand capacity in semiconductor-related component manufacturing.