Centre Clears First Set Of Projects Under Electronics Parts Scheme (Photo Source: Unsplash ) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The government on Monday approved 17 projects entailing about Rs 7,172 cr investment across six categories under the Electronics Component Manufacturing Scheme (ECMS), underlining India's resolve and its decisive push into producing high-value components.
These projects will lead to production worth Rs 65,111 crore cumulatively.
'You have shown the way on how India will become major electronics manufacturing hub,' Minister for Electronics and IT, Ashwini Vaishnaw said at an event announcing the second tranche of approvals.
To achieve long-term success, India will have to focus on building design teams, ensuring six sigma quality

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