· Electronics & Manufacturing · Source: economictimes.indiatimes.com

MeitY clears 29 ECMS proposals worth Rs 7,104 crore

India’s Ministry of Electronics and IT has approved 29 proposals under the Electronic Component Manufacturing Scheme (ECMS) with an investment of ₹7,104 crore. Major players like Foxconn, TDK subsidiaries, Dixon, Syrma SGS, and NeST Group are included. The initiative is expected to drive ₹84,515 crore in production and generate over 14,000 jobs, strengthening India’s electronics manufacturing ecosystem.

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