India’s electronics sector is rapidly growing, becoming the third-largest export category in 2024–25. The Electronics Component Manufacturing Scheme (ECMS), with investments of over ₹1.15 lakh crore, aims to strengthen domestic component production, create over 1.4 lakh jobs, and integrate India into global electronics supply chains. Key products include PCBs, camera modules, laminates, and polypropylene films. While challenges like technology gaps, import dependence, and infrastructure remain, government initiatives, skill development, and innovation are driving India toward becoming a global electronics hub.
Click to View MorePM SVANidhi scheme, launched in 2020, offers collateral-free working capital loans to street vendors to restart and expand their businesses. Recently extended until March 31, 2030, with enhanced loan amounts and new features like UPI-linked RuPay Credit Cards, the scheme significantly improves vendors' socio-economic status and promotes self-reliance.
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