Centre clears 22 projects under electronics components PLI scheme; Rs 41,863 crore investment expected
The Ministry of Electronics and Information Technology (MeitY) on Friday approved 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), with projected investments of Rs 41,863 crore and estimated production of Rs 2.58 lakh crore.
The approved proposals include applications from Dixon, Samsung Display Noida Pvt Ltd, Foxconn’s Yuzhan Technology India Pvt Ltd, and Hindalco Industries. The projects are expected to generate 33,791 direct jobs, the ministry said.
