India, May 1 -- With an eye on bolstering local electronics manufacturing, Tamil Nadu chief minister MK Stalin launched the "Tamil Nadu Electronics Components Manufacturing Scheme (ECMS)" yesterday.

The scheme will look to attract INR 30,000 Cr worth of investments and generate 60,000 jobs in the state. Under the initiative, the state government will match the IT ministry's grants for certain eligible applicants who have qualified for the Centre's ECMS.

"This scheme will offer matching incentives in alignment with the Union's components manufacturing scheme," TRB Rajaa, Tamil Nadu's minister for industries, said in a post on X.

The scheme is aimed at promoting local manufacturing of electronics components, and complements the state's S...