New Delhi, Oct 27 (IANS) Union Electronics and IT Minister Ashwini Vaishnaw on Monday announced the approval of the first tranche of seven projects worth over Rs 5,500 crore under the Electronics Components Manufacturing Scheme (ECMS).
The multi-layer printed circuit boards (PCBs), HDI PCBs, camera modules, copper-clad laminates, and polypropylene films will receive incentives under ECMS for their domestic production, an official statement said.
The move marks a major step in India’s journey from making finished products to manufacturing modules, components, materials and machinery used to manufacture them, the statement added.
Five units in Tamil Nadu, one in Andhra Pradesh, and one in Madhya Pradesh have been approved.
The IT Ministry said that the scheme received an overwhelming res

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