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India Approves Over US$750 Million in Electronic Component Manufacturing Projects, Including Rare Earth Permanent Magnet Production
1 day ago /
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Author：小编
In March 2026, India's Ministry of Electronics and Information Technology approved 29 electronic component manufacturing projects, with a total investment of approximately US$750 million, covering areas such as mobile phones, telecommunications, consumer electronics, automotive electronics, and hardware products. This move is a key part of India's 'Make in India' strategy, aiming to enhance domestic production capabilities, reduce import dependence, and promote the upgrading of the electronics manufacturing industry. It is expected to facilitate the development of companies such as Apple and Samsung in India.
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