The Hindu·3 min read·medium

IT Ministry approves ₹7,877 crore worth projects under electronic component scheme

T
The Hindu Bureau
IT Ministry approves ₹7,877 crore worth projects under electronic component scheme
AI Summary

The Indian Ministry of Electronics and Information Technology has approved ₹7,877 crore in projects under the Electronics Component Manufacturing Scheme. The initiative aims to boost domestic production of critical electronic parts and reduce import dependency.

The Ministry of Electronics and Information Technology (MeitY) on Monday approved projects collectively worth ₹7,877 crore for incentives under the Electronics Component Manufacturing Scheme (ECMS).

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