Govt Clears 31 More ECMS Projects With Rs 7,877 Crore Investment
New Delhi, Aug. 18 -- The government has approved 31 additional proposals under the Electronics Components Manufacturing Scheme (ECMS), involving investments of Rs 7,877 crore, as part of efforts to strengthen domestic electronics component manufacturing and reduce import dependence.
The latest approvals take the total number of projects cleared under the scheme to 106, with cumulative approved investment of Rs 69,548 crore. The projects are spread across 15 states and cover 30 product categories.
Union Minister for Electronics and IT Ashwini Vaishnaw said, "Of the 106 projects approved so far, including 31 approved today, 38 plants have already commenced manufacturing, while another 16 projects are at advanced stages of construction or...
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