India Approves 22 Electronics Component Projects Worth Rs 41,863 Crore Under ECMS
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India Approves 22 Electronics Component Projects Worth Rs 41,863 Crore Under ECMS

The Indian government has approved 22 new investment proposals worth Rs 41,863 crore under the Electronics Components Manufacturing Scheme (ECMS). These projects, including those from major companies like Foxconn, Samsung, and Tata Electronics, aim to boost domestic production of 11 key product segments, such as PCBs, Li-ion cells, and display modules. The approvals are expected to generate over 33,000 direct jobs and strengthen India's electronics supply chains, reducing import dependence. The projects will be established across eight states, promoting geographically balanced industrial growth.

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