· Electronics & Manufacturing · Source: thehindu.com

IT Ministry approves 12 more projects under ECMS scheme

The IT ministry has approved 12 more applications under the Electronics Component Manufacturing Scheme, with proposed investment of Rs 7,503 crore, expected production of Rs 39,045 crore and 7,127 direct jobs across seven states. The projects target materials and capital goods for electronics, including India’s first cathode material unit. Total approved applications now number 118, with committed investments of about Rs 77,000 crore, above the scheme’s original target.

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