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Make in Jharkhand Electronics Policy 2024-2030

Building India’s Electronics Sovereignty

  • Concessional Land Allotment: Government land for SEZ developers will be provided at concessional rates or under long-term lease agreements, particularly for projects generating high employment.
  • Sector-Specific Clusters: SEZs will feature industrial parks and sector-specific clusters, such as textile parks, automotive zones, biotechnology hubs, and electronics manufacturing zones.
  • Smart SEZs: The state will implement smart city infrastructure within SEZs, including IoT-based real-time monitoring systems, smart transportation, and energy management tools.

Make in Jharkhand proudly introduces the Jharkhand Electronics Policy 2024, a forward-thinking initiative designed to establish a self-sustaining electronics value chain, reducing India’s dependence on imports, particularly from China. As the nation advances toward self-reliance in the Electronic System Design and Manufacturing (ESDM) sector, Jharkhand is poised to lead by fostering indigenous innovation, component manufacturing, and strengthening global export capabilities.

This policy focuses on developing a robust domestic supply chain for critical electronic components such as semiconductors, PCBs, displays, batteries, and telecom equipment. It also emphasizes nurturing startups and creating R&D hubs to drive cutting-edge innovations, ensuring Jharkhand becomes a key player in the global digital economy while positioning India as a leader in electronics manufacturing.

component manufacturing

Vision for 2030
Jharkhand as a Global Electronics Hub with a Full Value Chain

self-reliant electronics (1)

By 2030, Make in Jharkhand aims to establish a thriving, self-reliant electronics ecosystem that spans the entire value chain, reducing India’s dependency on imports and positioning Jharkhand as a global leader in electronics manufacturing and exports. This visionary roadmap includes:

  • Attracting ₹1 lakh crore in investments across the electronics value chain, encompassing semiconductors, displays, PCBs, batteries, telecom equipment, and other critical components.
  • Developing 20+ ESDM parks to support the production of semiconductors, LED displays, electronic components, advanced batteries, and PCBs, creating a resilient and integrated supply chain.
  • Generating over 2 lakh direct jobs in electronics manufacturing and component production, fostering growth driven by local expertise and talent.
  • Building a domestic supply chain to significantly reduce India’s reliance on imports, particularly from China, and solidifying Jharkhand’s role as a cornerstone of India’s electronics self-sufficiency.

Mission
Building India’s Electronics Supply Chain

The mission of Make in Jharkhand is to establish a robust electronics manufacturing ecosystem that fosters innovation, enhances local production, and achieves self-reliance in critical electronic components. The Jharkhand Electronics Policy 2024 focuses on:

  • Advancing Indigenous Production: Prioritize domestic manufacturing of semiconductors, PCBs, displays, and batteries, significantly reducing reliance on imports from China and other countries.
  • Driving Comprehensive Investments: Attract investments across the entire electronics value chain, integrating all stages of manufacturing—from raw material processing to the production of finished goods—within Jharkhand’s industrial framework.
  • Fostering R&D and Startups: Support research and innovation in advanced technologies, including AI-powered devices, IoT solutions, and 5G infrastructure, to position Jharkhand as a global innovation hub.
  • Building a Skilled Workforce: Collaborate with industry and academic institutions to develop talent equipped to drive the global electronics industry, ensuring the state remains competitive and future-ready.
advanced electronic technologies

Key Objectives
Securing India’s Electronics Future

The Jharkhand Electronics Policy 2024 presents a strategic vision to establish a self-sustaining electronics value chain, positioning India as a global leader in electronics manufacturing. Key initiatives include:

  1. Developing a Complete Electronics Supply Chain: Develop manufacturing capabilities for critical components like semiconductors, PCBs, displays, and lithium-ion batteries to significantly reduce import dependency, particularly from China.
  2. Attracting Large-Scale Investments: Target ₹1 lakh crores in investments across the electronics value chain, encompassing raw materials, R&D, manufacturing, and exports, making Jharkhand a preferred destination for global electronics industries.
  3. Promoting Start-Ups and Innovation: Support over 100 startups specializing in advanced electronic technologies, including 5G infrastructure, AI-powered devices, and IoT solutions, creating a vibrant ecosystem for innovation, R&D, and entrepreneurship.
  4. Building a Skilled Workforce: Train more than 1 lakh professionals in key areas such as semiconductor fabrication, PCB production, battery assembly, and telecom equipment, ensuring a highly skilled and future-ready workforce.
  5. Fostering Green and Sustainable Manufacturing: Lead the way in green electronics production by adopting energy-efficient processes, recycling e-waste, and integrating renewable energy solutions throughout the supply chain.

Strategic Focus Areas
Building a Complete Electronics Value Chain in Jharkhand

Developing a Comprehensive Electronics Value Chain

Jharkhand aims to establish a robust domestic supply chain for electronics manufacturing, encompassing essential components like semiconductors, PCBs, displays, batteries, and telecom equipment. By building these capabilities, the state seeks to minimize reliance on imports from China and other nations, ensuring India has a secure, self-reliant, and reliable supply of critical electronic components.

battery manufacturing

Establishing ESDM Clusters with Component Manufacturing Capabilities

Jharkhand will establish over 20 ESDM (Electronic System Design and Manufacturing) clusters to bolster the electronics value chain, offering state-of-the-art infrastructure for component manufacturing, assembly, testing, and certification. Strategically located in cities such as Varanasi, Ranchi, Nagpur, and Aurangabad, these clusters will feature specialized facilities for semiconductor fabrication, PCB assembly, display production, and battery manufacturing.

Supporting Innovation in Advanced Electronics Technologies

Jharkhand will drive innovation in emerging technologies by offering R&D grants and incentives to companies specializing in 5G infrastructure, IoT devices, AI-powered electronics, and smart city solutions. Additionally, the state will nurture start-ups developing breakthrough electronics innovations, positioning Jharkhand as a global hub for advanced electronics and technological excellence.

electronics innovations

Developing Green and Sustainable Manufacturing Practices

The policy will encourage sustainable manufacturing practices throughout the electronics sector by promoting energy-efficient production, electronic waste recycling, and the use of renewable energy. Jharkhand will provide incentives to companies that adopt eco-friendly production methods and integrate circular economy principles into their operations.

Attracting Global Investments in Component Manufacturing

Jharkhand will proactively draw global electronics manufacturers to invest in component production by offering capital subsidies, tax incentives, and venture capital funding. The state will also streamline regulatory approvals through a Single Window Clearance System, positioning Jharkhand as a leading destination for investments across the entire electronics value chain.

Incentives for Electronics Component Manufacturing and R&D

The Jharkhand Electronics Policy 2024 provides a range of incentives to promote investments in electronics component manufacturing and innovation:

Incentive TypeDetails
Lease Rental Subsidy60-80% subsidy on lease rentals for ESDM units (with up to 40 employees) in government-owned facilities or designated ESDM parks.
Interest Subsidy5% interest subsidy on term loans from public financial institutions, capped at INR 10 crores per annum for 5 years.
Capital Investment SubsidyUp to ₹250 crores in capital subsidy based on fixed capital investment, with additional 10% subsidy for women, SC/ST, and disabled entrepreneurs.
SGST Reimbursement100% SGST reimbursement for 5-7 years, based on the size of the investment.
Energy Efficiency Incentives75% reimbursement of energy audit costs (capped at INR 2 lakhs), plus 100% exemption from electricity duty for 5 years.
Production Linked Incentive (PLI)1% PLI on annual turnover for 5 years for the first 10 eligible units with new investments above INR 300 crores.
Incentives for ESDM ParksLand at concessional rates, 100% stamp duty exemption, and 25% subsidy for infrastructure development in ESDM parks.
Marketing Support50% reimbursement for participation in domestic and international exhibitions, capped at ₹3 lakhs per domestic event and ₹6 lakhs per international event.
Incentives for Semiconductor and Component Manufacturing25% Capex contribution on semiconductor and component manufacturing plants, up to ₹500 crores for facilities established within the next five years.

Ease of Doing Business
Streamlined Approvals and Support

Jharkhand will facilitate a seamless business environment for electronics manufacturers and component producers by implementing a Single Window Clearance System. The state will introduce a fast-track approval process for semiconductor, PCB, display, and battery projects, ensuring timely regulatory clearances. Additionally, Jharkhand will offer self-certification under labor laws to simplify compliance and accelerate project timelines.

semiconductor production
Semiconductor

Conclusion
Jharkhand Leading India’s Electronics Revolution and Building Self-Reliance

The Jharkhand Electronics Policy 2024 is a strategic initiative aimed at establishing a comprehensive electronics value chain in India. By attracting investments in component manufacturing, fostering innovation, and developing a skilled workforce, Jharkhand is poised to lead India’s path to electronics self-reliance, reduce reliance on foreign imports, and enhance global competitiveness.

Make in Jharkhand invites global investors, electronics manufacturers, and innovators to join this transformative journey and help build a self-reliant, technologically advanced India.

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About Make in Jharkhand

Make in Jharkhand is a Public Benefit Corporation (PBC) committed to positioning Jharkhand as a dynamic force in global economic collaboration. With strategic partnerships spanning the USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE, we focus on key sectors such as energy, technology, agriculture, and finance. Our mission is to adopt global best practices, drawing from successful economic models to foster inclusive and sustainable development. By aligning with forward-thinking strategies, Make in Jharkhand aims to accelerate economic diversification, empower communities, and promote responsible growth. Leveraging Jharkhand’s geographic strengths and rich resources, we seek to attract high-impact investments, fuel innovation, and elevate the state’s global economic standing — in line with the government’s vision for a connected, tech-driven future.

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