New Delhi, Oct. 3 -- Information Technology Minister Ashwini Vaishnaw said today the electronics manufacturing industry generates significant direct and indirect employment opportunities for the youth.

He was addressing a press conference at Electronics Niketan here.

The Minister also highlighted that the successful launch of Electronics Components Manufacturing scheme (ECMS) would propel the nation to achieve the vision of Prime Minister to establish a USD 500 billion domestic electronics manufacturing ecosystem by 2030-31.

"Building upon the momentum generated by schemes such as EMC, SPECS and the Production Linked Incentive (PLI) Scheme for mobile phones and IT hardware, ECMS represents the natural progression of the Government's stra...