Centre Clears INR 41,863 Cr Projects Under PLI Scheme For Electronics Components

by · Inc42

SUMMARY

  • The central government has approved 22 new projects under the Electronics Component Manufacturing Scheme (ECMS), clearing investments worth INR 41,863 Cr
  • The projects are expected to generate production worth INR 2.58 Lakh Cr and create nearly 33,800 direct jobs, electronics and IT minister Ashwini Vaishnaw said
  • The approved projects cover key parts of the electronics supply chain. These include basic components such as printed circuit boards, capacitors, connectors, enclosures and lithium-ion cells