Bhagwati Products has received approval from the Ministry of Electronics and Information Technology (MeitY) for two projects under the Electronics Component Manufacturing Scheme (ECMS), involving a combined investment of Rs 1,015 crore. The electronics manufacturer is expanding its focus on component manufacturing as it looks to strengthen its presence in India’s electronics supply chain.
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The company will invest Rs 450 crore in display manufacturing and Rs 565 crore in precision moulding, co-founder Rahul Sharma said.
The Display Manufacturing Project
The display manufacturing project will be carried out through TXD India Technology, in which Bhagwati Products recently acquired a 51% stake. The acquisition has also received approval under Press Note 3.
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TXD India Technology will manufacture mobile phone displays at its existing facility in Bawal, Rewari, Haryana. The plant will initially have the capacity to produce 1.5 million displays a month. Bhagwati Products plans to increase this to 3–4 million displays a month and later expand into automotive displays.
The Moulding Project
The second project, with an investment of Rs 565 crore, will focus on precision moulding at Bhagwati Products’ facility in Greater Noida. Both projects are expected to begin production this year. The new projects are also expected to create additional jobs. With the expansion, Bhagwati Products’ overall workforce is expected to cross 10,000 employees.
Indrani Priyadarshini is a journalist and editorial professional specialising in technology, artificial intelligence, smart cities, green energy, and digital transformation. With over four years of experience in tech journalism and digital media, she is known for turning complex industry developments into clear, engaging, and insightful stories. Her expertise spans reporting, editorial strategy, digital publishing workflows, and in-depth coverage of emerging technologies shaping the future.
