Cabinet approves Rs 22919 crore scheme to boost electronics manufacturing in India

The Union cabinet on Friday approved an electronics component manufacturing scheme with an outlay of ₹22,919 crore to build indigenous capacity in the electronics supply chain.

The scheme envisages to attract investment of ₹59,350 crore, resulting in production of ₹4,56,500 crore and generating additional direct employment of 91,600 persons and many indirect jobs as well during its tenure of six years, the Union government said.