India, Jan. 2 -- The central government has approved 22 new projects under the Electronics Component Manufacturing Scheme (ECMS), clearing investments worth INR 41,863 Cr.
The projects are expected to generate production worth INR 2.58 Lakh Cr and create nearly 33,800 direct jobs, electronics and IT minister Ashwini Vaishnaw said.
This is the largest round of approvals under ECMS so far. The scheme is aimed at reducing India's dependence on imported electronic components and materials.
The approved projects cover key parts of the electronics supply chain. These include basic components such as printed circuit boards, capacitors, connectors, enclosures and lithium-ion cells.
The list also includes sub-assemblies like camera modules, di...
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