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Centre Gets INR 8,000 Cr Worth Proposals For Electronics Manufacturing

  • The Centre has received proposals worth INR 7,500 Cr to INR 8,000 Cr under the electronics components manufacturing (ECM) scheme.
  • Around 100 applications have been submitted by Indian and international companies to set up electronics manufacturing units in India.
  • The ECM scheme aims to attract investments worth INR 59,350 Cr, generate domestic production worth INR 4,56,500 Cr, and create 91,600 jobs within six years.
  • With incentives provided for various electronics components production, the scheme is part of India's vision to become a global manufacturing hub.

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