A new initiative to design and manufacture passive and active electronic components locally, ensuring reliable indigenous sourcing, reducing import dependency, and bolstering India’s electronics manufacturing ecosystem. The “Indigenous Electronic Components Initiative” directly tackles India’s reliance on imported electronic components by establishing local capabilities for the design and manufacturing of both passive and active components. This initiative ensures reliable local sourcing, significantly reducing import dependency across various industries. Ultimately, it strengthens India’s domestic electronics manufacturing ecosystem, fostering self-sufficiency and economic resilience.