Government Approves Electronics Component Investments, Creating Jobs

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Electronics Component Manufacturing Scheme Sees Boost with Rs 7,104 Crore Investment​

New Delhi, March 30 – The government has approved 29 new applications under the electronics component manufacturing scheme, representing a significant investment of Rs 7,104 crore, according to a senior official from the Ministry of Electronics and IT (Meity).

Secretary of the Ministry, S Krishnan, announced that this latest investment proposal is projected to generate up to 14,246 new jobs within the sector. The approved projects are expected to result in the production of electronic components valued at Rs 84,515 crore.

To date, Meity has approved a total of 75 applications under the scheme.
 

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applications economic growth electronics component manufacturing electronics industry government approval india investment job creation manufacturing ministry of electronics and it new delhi rs 7,104 crore rs 84,515 crore s krishnan sector development
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