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

Record proposals submitted under India’s first scheme for non-semiconductor electronic components are likely to double local value addition in the production of finished goods to up to 40% over the next five years, according to industry body Elcina.

The electronics component makers’ body has urged state governments to enhance ease of doing business to support the Centre’s Electronics Component Manufacturing Scheme (ECMS).