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The scheme is also expected to generate 1.41 lakh jobs, well above the initial target of 91,600
Union Minister Ashwini Vaishnaw. (PTI file photo)
The Centre’s Electronics Components Manufacturing Scheme (ECMS) has drawn an overwhelming response, Union IT minister Ashwini Vaishnaw said on Thursday, sharing that applications proposing investments worth Rs 1.15 lakh crore, nearly double the scheme’s original target of Rs 59,350 crore, were received.
The minister also shared that against a total production target of Rs 4.5 lakh crore, the ministry has received production estimates worth Rs 10.34 lakh crore.
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“Application window for Electronics Component Manufacturing Scheme closed on September 30. We have received investment proposals of Rs 1,15,351 crore,” Vaishnaw said. He added that the government has envisaged getting investment of around Rs 59,000 crore under the scheme and that the application window for capital equipment segments is still open.
The scheme is also expected to generate 1.41 lakh jobs, well above the initial target of 91,600.
Vaishnaw added that scheme has attracted the highest-ever commitment of Rs 22,000 crore from a single player. For the first time, the scheme will see investments in SMD passives, laminate, flexible PCBs, anodes, and capital equipment.
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The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d…Read More
The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d… Read More
October 02, 2025, 13:45 IST
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