India, July 8 -- The Centre has reportedly received proposals worth INR 7,500 Cr to INR 8,000 Cr under the electronics components manufacturing (ECM) scheme.

A report by Business Standard said that the ministry of electronics and information technology (MeitY) has received around 100 applications from Indian and international companies to set up electronics manufacturing units in the country.

Citing sources, the publication reported that the ministry has started the process of vetting the application and will start approving the proposals in batches.

MeitY launched the ECM scheme in March to boost the production of electronics components in the country with an outlay of INR 22,919 Cr. The scheme aims to attract large investments worth ...