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ECMS generates twice the expected interest
October 03, 2025
|Hindustan Times Bengaluru
The Electronics Component Manufacturing Scheme (ECMS), launched by the government in April this year, has attracted investment commitments of over ₹1.15 lakh crore, nearly twice the original target of ₹59,350 crore, Union IT minister Ashwini Vaishnaw said on Thursday.
The 249 applications projected a production value of about ₹10.3 lakh crore.
(ISTOCKPHOTO)
“It's a historic number. Unprecedented applications have come in the ECMS. This shows that the global trust in India for electronic manufacturing is being converted into investments, production and employment,” Vaishnaw said at a press briefing. On the Cabinet's ECMS outlay of ₹22,919 crore being exceeded in the investment round, the government has said the scheme is limited by available funds.
هذه القصة من طبعة October 03, 2025 من Hindustan Times Bengaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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