China Being Abandoned, Flocking to This Country

India is increasingly surging as the world’s electronics manufacturing centre amid the trend of investment shifting from China. The Indian government has just approved dozens of major investment proposals to strengthen its domestic industry.

India’s Ministry of Electronics and Information Technology announced on Monday (30/3) the approval of 29 company proposals under the electronic components manufacturing programme. The total investment value poured in reaches 71.04 billion rupees, equivalent to Rp12.8 trillion.

This step is part of India’s grand strategy to attract global and domestic investors, while reducing dependence on imports and strengthening the supply chain.

The government is also aggressively expanding domestic production capacity to enhance the competitiveness of the electronics industry. Currently, India’s electronics manufacturing sector has recorded a production value of up to US$125 billion for the period ending March 2025. The Indian government targets that figure to soar to US$500 billion in fiscal year 2031.

The approved proposals cover various strategic sectors, from mobile phone manufacturing, telecommunications, consumer electronics, automotive, to hardware devices.

One that received the green light is a unit of Dixon Technologies which will produce display modules.

Meanwhile, Lohum Cleantech was approved to produce permanent magnets made from rare earth materials, which is said to be the first project in India for this type of production.

Quoting Reuters, the Indian government is also reportedly preparing new incentives to encourage local mobile phone production, following the previous programme that will end in March.

This policy is estimated to further attract global technology giants like Apple and Samsung to expand their investments in India.