New Delhi, Oct. 28 -- Electronics and IT Minister Ashwini Vaishnaw on Monday announced the approval of the first tranche of 7 projects under the Electronics Components Manufacturing Scheme (ECMS).

The scheme has received an overwhelming response from both domestic and global companies, with 249 applications submitted so far.

These proposals represent a total investment of Rs 1.15 lakh crore, projected production worth Rs 10.34 lakh crore, and the creation of 1.42 lakh jobs.

The approved projects, worth Rs 5,532 crore, will facilitate the production of key components such as multi-layer and high-density interconnect (HDI) printed circuit boards (PCBs), camera modules, copper-clad laminates, and polypropylene films.

Together, they are e...