Budget 2026: Finance Minister proposes Rs 40,000-crore Electronics PLI

Budget 2026 key announcements for electronics manufacturing: Finance Minister Nirmala Sitharaman announced a Rs 40,000 crore outlay in FY 2026-27. This initiative aims to strengthen India's electronics ecosystem. The government will also establish high-tech tool rooms for capital goods manufacturing. Electronics production has seen significant growth, with exports also rising substantially over the past decade.