India, March 31 -- The IT ministry (MeitY) has approved 29 additional applications under the Electronics Component Manufacturing Scheme (ECMS). These new proposals are expected to bring in investments worth Rs.7,104 Cr, generate 14,246 direct jobs and build a projected production pipeline of Rs.84,515 Cr.

With this, the total number of applications cleared by MeitY under the scheme now stands at 75. Overall, the total projected investment under the ECMS now stands at Rs.61,671 Cr, with an estimated 65,040 direct employment opportunities.

In a statement MeitY said that the newly approved projects span 16 product categories, including display modules, capacitors, connectors, resistors, flexible PCBs and lithium-ion cells. These components...