India to save ₹40,000cr yearly from local PCB production
India is set to save ₹40,000 crore every year by producing printed circuit boards, or PCBs, locally instead of importing them.
Announced by Union Minister Ashwini Vaishnaw, this move is a big step toward India's goal of becoming the world's second-largest electronics exporter.
The news came during the launch of two major projects in Jewar, Uttar Pradesh.
Jewar projects bring ₹6,700cr, 3,000 jobs
Jewar is gearing up to be a major electronics manufacturing hotspot with two new facilities: one focused on advanced PCBs and semiconductor parts, and another making air conditioners and copper-clad laminates.
Together, these projects will bring in over ₹6,700 crore in investment, create about 3,000 jobs, and push for greener practices like zero liquid discharge systems.
All this supports the Make in India vision while helping tech made in India go global.