Passive Component Manufacturing scheme is the most important scheme to be cleared by the government for increasing the value addition in the country
New Delhi, April, 2025.According to DR. AJAI CHOWDHRY, Founder HCL , Chairman EPIC Foundation welcome the announcement of the passive component manufacturing scheme. With an approved outlay of 22,919 crore for a period of 6 years from FY26 to FY32, the scheme marks a significant milestone in India's growth trajectory of becoming a global hub for electronics manufacturing.The government has been on the right track from the beginning, having announced the semiconductor mission, which will be creating active components and semiconductor chips for the country. Before that, the government had also announced a major PLI program for electronics manufacturing, which has resulted in phenomenal growth of the electronics industry and has also resulted in creating jobs and exports from I...
