Electronics component scheme gets fifth tranche of approvals
NEW DELHI, Aug. 17 -- The government on Monday said it has approved 31 more applications involving proposed investment of Rs.6,844 crore under the Electronics Component Manufacturing Scheme (ECMS), taking the total number of approved projects to 106.
The latest approvals, with an additional Rs.1,033 crore investment by already-approved applicant Wipro Global Engineering bring the total linked to this round to Rs.7,877 crore. Thirty-eight of the 106 approved projects have started manufacturing, while several others are close to becoming operational, electronics and IT minister Ashwini Vaishnaw said at an event on Monday
Kaynes Circuits' PCB facility in Chennai is expected to be operational in about a month, while Dixon's display module f...
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