India, Oct. 28 -- The Centre yesterday approved the first batch of seven projects under the Electronic Components Manufacturing Scheme (ECMS).

In a statement, the IT ministry said that the selected companies will invest INR 5,500 Cr under the scheme to indigenously produce key components, such as printed circuit boards (PCBs), camera modules, laminates and polypropylene films.

While Kaynes Circuits India received approval for four units, nod for one unit each was accorded in favour of SRF, Syrma Strategic Electronics and Ascent Circuits. The government said that the approved units will generate production worth INR 36,559 Cr and create over 5,100 direct jobs.

These facilities span multiple states including Tamil Nadu (five), Andhra Pra...