Permanent Magnets Ltd. Receives Approval Under Electronics Components Manufacturing Scheme
Permanent Magnets Ltd. announced on March 30, 2026, that it has received approval under the Electronics Components Manufacturing Scheme (ECMS) from the Government of India. The approval pertains to the Electro-mechanicals segment for Relays.According to a company statement, this approval supports the company's growth strategy focused on enhancing domestic electronics manufacturing capabilities. Permanent Magnets Ltd. acknowledged the support from the Government of India and the Ministry of Electronics and Information Technology (MeitY). Rachana Sawant, Company Secretary, confirmed the development.
Permanent Magnets Ltd. is located at Harsh Avenue, 302, 3rd Floor, Opp. Silvassa Police Station, Silvassa Vapi Main Road, Silvassa- 396 230, Dadra and Nagar Haveli (U.T.). The company’s CIN is L27100DN1960PLC000371.
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