New electronic component scheme to double local value addition to 40 pc over five years: Elcina

India’s new Electronics Component Manufacturing Scheme (ECMS) has drawn record investment proposals worth ₹1.15 lakh crore—double its target—set to boost local value addition from 20% to 40% in five years. Backed by 249 companies, including Tata Electronics, the scheme strengthens India’s electronics ecosystem and global competitiveness, says industry body Elcina.
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