Govt clears 22 electronics parts projects at Rs 42,000 crore investment

Govt clears 22 electronics parts projects at Rs 42,000 crore investment

NEW DELHI: In a major boost for electronics manufacturing, the Centre has cleared 22 new proposals – including from Samsung, Foxconn, Tata Electronics and Dixon – for component manufacturing entailing investments of nearly Rs 42,000 crore.The investments under the Electronics Components Manufacturing Scheme (ECMS) are projected to result in domestic production of Rs 2.6 lakh…

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