The approvals mark the third tranche under the Electronics Components Manufacturing Scheme (ECMS).
Business
N
News1802-01-2026, 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.

More like this

Loading more articles...