TN CM unveils ₹30,000 crore scheme to power electronics industry growth

The initiative seeks to increase sectoral revenue from the current $14 billion to $50 billion within the next 2–3 years. 
| Photo Credit:

Tamil Nadu’s Chief Minister MK Stalin launched the Electronics Components Manufacturing Scheme on Wednesday. The scheme aims to boost the production of electronic components in the state. “This is a critical scheme to help the State achieve a target of around $50 biliion revenue from the electronics sector in the next two to three years from the present $14 billion,” said Industries Minister TRB Rajaa

The Ministry of Electronics and Information Technology (MeitY), Government of India, is already implementing an Electronics Components Manufacturing Scheme. In alignment with this, the Government of Tamil Nadu has now introduced a scheme that offers matching incentives to attract companies to the state.

Through this state-level initiative, Tamil Nadu aims to attract investments worth ₹30,000 crore and create 60,000 new employment opportunities, Rajaa told newspersons.

Published on April 30, 2025