Tamil Nadu has launched India's first state-level matching-grant scheme, on the lines of the Centre's recently announced Electronics Component Manufacturing Scheme.
Under the Tamil Nadu Electronics Components Manufacturing Scheme, electronics component manufacturers who qualify under the Government of India's scheme will be eligible to get matching incentives from the state as well, multiplying the benefits.
"The state's matching grant scheme is designed to complement the Union's incentive program. Tamil Nadu will offer matching incentives to approved applicants under the national scheme, thereby amplifying the impact of these investments and catalysing value-added manufacturing across key sub-segments," it said in a statement.
The scheme is expected to bring in investments worth Rs 30,000 crore and create employment opportunities for over 60,000 people.
"With the scheme, Tamil Nadu becomes the first state in India to put skin in the game by matching the Union government incentives. With the state already accounting for 41.23% of India's electronics exports, this scheme will help us attract further investments in the sector, and not only create new high-value jobs but also embed deep capabilities in our electronics components industrial landscape, enabling us to achieve our mission of $100 billion in electronic exports,” said TRB Rajaa, Tamil Nadu's minister for industries.
The state is already India's largest electronics manufacturing export base, with over $14.6 billion in exports in fiscal 2025.
The scheme is expected to attract leading global and Indian firms in sub-segments such as HDI/MSAP boards, display assemblies, camera modules, lithium-ion cells, SMD passive components and capital goods used in electronics manufacturing.
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