In a landmark development for India’s electronics manufacturing sector, Union Minister Ashwini Vaishnaw inaugurated Syrma SGS Technology’s advanced laptop assembly line in Chennai. This new facility symbolizes India’s growing dominance in IT hardware production, expanding its success in mobile manufacturing to high-value electronics like laptops. With initiatives under the Production Linked Incentive (PLI) 2.0 scheme, India is taking significant steps towards becoming a global IT hardware hub.
Key Highlights of Assembly Line
- Location: Madras Export Processing Zone (MEPZ), Chennai.
- Production Capacity: Initially 100,000 laptops annually, scalable to 1 million within 1-2 years.
- Global Collaboration: Partnership with Micro-Star International (MSI), a Taiwanese tech giant.
- Employment Impact: Estimated creation of 150-200 specialized jobs by FY26.
- Quality Standards: Laptops produced will meet global benchmarks for quality and innovation.
India’s Electronic Manufacturing Growth
- Exponential Growth: Total electronics production surged from ₹2.4 lakh crore in 2014 to ₹9.8 lakh crore in 2024.
- Mobile Manufacturing Success: Reached ₹4.4 lakh crore, with ₹1.5 lakh crore in exports in 2024.
- Local Production: 98% of mobile phones used in India are domestically manufactured.
Tamil Nadu: A Leading Contributor
- Major Hub: 47 manufacturing units supported by MeitY under various schemes.
- PLI 2.0 Impact: Seven out of 27 approved units under PLI 2.0 are in Tamil Nadu.
Schemes Supporting Growth
- SPECS (Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors) : ₹1,200 crore allocated for promoting electronic components.
- M-SIPS (Modified Special Incentive Package Scheme): ₹15,000 crore investment potential, backed by ₹1,500 crore from MeitY.
- EMC Cluster (Electronic Manufacturing Clusters): Located in Sriperumbudur, attracting ₹8,700 crore in investments and creating 36,300 jobs.
- iPhone 16 Pro: Manufactured in Tamil Nadu, showcasing India’s capabilities in high-end electronics.
PLI 2.0 for IT Hardware
- Launch Date: May 29, 2023.
- Incentives: Offers a 5% incentive to eligible companies.
- Covered Products: Laptops, tablets, servers, all-in-one PCs, and ultra-small form factor devices.
Projected Outcomes
- Investment: ₹3,000 crore.
- Production: ₹3.5 lakh crore.
- Jobs: 47,000 across India.
Achievements as of December 2024
- Investments: ₹520 crore.
- Production: ₹10,000 crore.
- Jobs Created: 3,900.
Summary/Static | Details |
Why in the news? | Smartphones to Laptops: India’s IT Revolution |
Facility | Syrma SGS Technology’s laptop assembly line in Chennai |
Initial Production Capacity | 100,000 laptops annually, scalable to 1 million units |
Partnership | With Micro-Star International (MSI), a leading Taiwanese tech firm |
Employment Impact | 150-200 specialized jobs by FY26 |
Electronics Growth | ₹9.8 lakh crore production in 2024; mobile exports worth ₹1.5 lakh crore |
Tamil Nadu’s Contribution | 30% of India’s electronics exports; iPhone 16 Pro manufactured locally |
PLI 2.0 Goals | ₹3.5 lakh crore production, 47,000 jobs, ₹3,000 crore investment |
Achievements (Dec 2024) | ₹520 crore investments, ₹10,000 crore production, 3,900 jobs created |