Karnataka to prepare a vision document to attract $150 bn from mobile, electronics components manufacturing: M.B. Patil

Key Points

1. Karnataka aims to attract $150 billion in investments in mobile and electronic product manufacturing.
2. M. B. Patil instructed officials to prepare a vision document to boost the sector.
3. The Union Ministry of Electronics and IT announced an electronics components manufacturing scheme in April 2025.
4. The Union government scheme prioritizes sub-assemblies and offers performance-linked incentives.
5. The Centre has earmarked ₹22,900 crore for the Union government scheme.
6. Until November 2025, the Union Government cleared 17 investment proposals worth ₹7,172 crore.
7. These projects are expected to create 11,800 direct jobs and generate products valued at over ₹65,000 crore.