Chennai, April 30 -- In a yet another major initiative, Chief Minister M.K.Stalin on Wednesday launched the "Tamil Nadu Electronics Components Manufacturing (TNECM) Scheme, which is expected to attract Rs 30,000 crore investments in the sector.

Apart from generating 60,000 jobs, the TNECM scheme is aimed at promoting production of electronic components in the state.

"It is a special initiative dedicated to supporting the production of electronic components", an official release said.

Noting thatTamil Nadu already holds a leading position at the national level in electronics manufacturing and exports, Mr Stalin said to further encourage value-added manufacturing and attract large-scale investments in semiconductor sub-sectors, the...