Elcina Requests Rs 72,500 Crore Package to Reduce Import Dependence

The Electronics Industries Association of India (Elcina), which represents the country's electronics manufacturing sector, has requested a ₹72,500 crore (USD 8.57 billion) package to boost local production of electronic parts and reduce dependence on imports.

 Elcina predicts that by 2030, the gap between the demand and supply of electronic components will reach USD 248 billion (₹21 lakh crore), based on a projected electronics production value of USD 500 billion.

Elcina Secretary General, Rajoo Goel said, “Electronic components typically yield lower returns compared to finished goods, with production output reaching only about three times the investment, This makes businesses hesitant to invest due to high costs and long timelines. Support from the government is crucial to bridge this gap."

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The company believes that government support could lower the import deficit to USD 102 billion (₹8.63 lakh crore) by 2030. It has highlighted key components—such as printed circuit boards, discrete semiconductors, metallic parts, and active components—that need targeted support.

Elcina predicts that government support could attract an additional USD 36 billion in investments and create 5 million jobs by 2030. Without intervention, domestic production of non-semiconductor components is expected to grow from USD 13 billion in 2022 to USD 37 billion by 2030, still leaving a large gap.

While India’s semiconductor sector has made progress under the India Semiconductor Program, Elcina stresses the need for similar initiatives for non-semiconductor components to strengthen the country’s overall electronics manufacturing ecosystem.

Founded in 1967, the Electronics Industries Association of India (ELCINA) was the first industry association in India focused on supporting the electronics hardware sector, at a time when the country’s electronics industry was still in its early stages.

Over the years, ELCINA has grown into a vibrant platform for electronics and IT manufacturers, fostering dialogue and collaboration within the industry.

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