India, Oct. 2 -- IT minister Ashwini Vaishnaw said that the Electronics Components Manufacturing Scheme (ECMS) has received investment proposals to the tune of INR 1.15 Lakh Cr, nearly double compared to the scheme's original target of INR 59,350 Cr.

"The investment applications of more than INR 1 Lakh Cr under the Electronics Component Manufacturing Scheme clearly show PM Narendra Modi's focus on electronics manufacturing and the trust developed by the world in India in the last 11 years. This trust is resulting in investment, employment, and extra production," Vaishnaw said.

He said that the IT ministry has received production estimates to the tune of INR 10.34 Lakh Cr against the set target of INR 4.5 Lakh Cr under the scheme.

As pe...