Current Date: 05 Feb, 2026

Motherson’s ₹1,900 Cr Electronics Play: PLI Approved!

Samvardhana Motherson International (SMIL) has announced that its subsidiary, Motherson Electronic Components (MECPL), has received approval under the Production Linked Incentive (PLI) Scheme through the Electronics Components Manufacturing Scheme (ECMS).

The approval, granted by the Ministry of Electronics and Information Technology (MeitY), will support MECPL’s production of enclosures for the consumer electronics industry. Under the scheme, the company will be eligible to receive incentives for six financial years, from FY 2026 to FY 2031.

As part of the initiative, MECPL plans to invest around ₹1,900 crore at its manufacturing facility in Kanchipuram, Tamil Nadu. The investment is expected to create more than 5,000 new employment opportunities over the incentive period.

The development aligns with Motherson’s broader strategy to strengthen domestic manufacturing capabilities in the consumer electronics segment. A global leader in design, engineering and manufacturing, the group aims to leverage the PLI scheme to boost India’s manufacturing ecosystem and reduce import dependence.

 

News by Rahul Yelligetti.

 

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Source : projxnews