New Delhi, Jan. 2 -- Homegrown Tata Electronics and the Motherson Group, along with Taiwanese giant Foxconn's India arm Yuzhan Technology, led the list of companies that received approvals as the government cleared 22 projects under the electronics components manufacturing scheme (ECMS) on Friday.

Out of the total Rs.41,863 crore announced in investments, the three projects alone will account for Rs.27,166 crore.

With the latest tranche, ministry of electronics and IT (Meity), has approved a total of 46 projects, with cumulative investments reaching Rs.54,567 crore.

This comes at a time when India is looking to localize the manufacturing of mobile phone enclosures-a component for which India was squarely reliant on China so far.

Mobil...