Centre approves 22 projects under electronics components manufacturing PLI scheme

📊Executive Summary
The Indian government has approved 22 projects under the Electronics Components Manufacturing Scheme (ECMS), aimed at bolstering domestic electronics manufacturing. With an expected investment of Rs 41,863 crore and projected production of Rs 2.58 lakh crore, these projects will create approximately 33,791 jobs. Major companies involved include Dixon, Samsung Display, Foxconn, Tata Electronics, and Amara Raja-ATL, focusing on various components such as PCBs, lithium-ion cells, and connectors. This initiative is part of India's strategy to enhance its electronics supply chain and reduce reliance on imports, with projects spread across eight states including Tamil Nadu, Maharashtra, and Uttar Pradesh....
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