Govt clears 17 new projects under components scheme worth Rs 7,172 cr
The government on Monday approved 17 new projects worth Rs 7,172 crore under Electronics Components Manufacturing Scheme (ECMS), raising total approvals to 24.
The newly sanctioned proposals are projected to generate around Rs 65,000 crore worth of incremental production, creating 11,808 new jobs according to official estimates, and are spread across nine states-Karnataka, Maharashtra, Tamil Nadu, Gujarat, Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Goa and Jammu & Kashmir, marking a shift towards wider geographical distribution instead of concentration around existing hubs.
