Govt Clears 22 Electronics Manufacturing Proposals Worth Rs 41,863 Cr, Boosts Ecosystem

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News18•02-01-2026, 13:59
Govt Clears 22 Electronics Manufacturing Proposals Worth Rs 41,863 Cr, Boosts Ecosystem
- •MeitY approved 22 new proposals under ECMS, attracting Rs 41,863 crore investment and projecting Rs 2,58,152 crore production.
- •Major companies like Dixon Technologies, Samsung Display Noida Pvt Ltd, Foxconn, and Hindalco Industries are involved.
- •The projects are expected to create 33,791 direct jobs and cover 11 product categories across 8 states.
- •This is the third tranche of ECMS approvals, significantly expanding total commitments under the scheme.
- •Aims to strengthen domestic supply chains, reduce import dependence, and accelerate high-value manufacturing in India.
Why It Matters: India boosts electronics manufacturing with Rs 41,863 Cr investment, creating jobs and cutting imports.
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