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Tata, Motherson & Foxconn arm lead ₹41,863 cr ECMS approvals

Financial Express Kochi

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January 03, 2026

MOBILE PHONE ENCLOSURES emerged as the biggest focus area as the government on Friday cleared 22 projects under the Electronics Components Manufacturing Scheme (ECMS) worth 41,863 crore with homegrown Tata Electronics and the Motherson Group, along with Foxconn’s India arm Yuzhan Technology, leading the list of beneficiaries.

- OJASVI GUPTA

The approvals and projected production worth ₹2.58 lakh crore, are expected to generate nearly 33,791 direct jobs. Enclosures alone accounted for over ₹27,000 crore of the total investment, highlighting government’s push to localise high-value, scale-intensive components in the smartphone supply chain.

MÁS HISTORIAS DE Financial Express Kochi

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Will is the last word in inheritance with probate now struck off

JUST ENSURE WILL IS UNAMBIGUOUS & LEGALLY SOUND FOR SWIFT CLAIMS

time to read

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January 03, 2026

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Gig workers earn ₹102 per hour: Eternal CEO Goyal

PARTNERS WORKING FULL-TIME WILL EARN ₹21,000 NET MONTHLY PAY

time to read

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Financial Express Kochi

The US' post-Trump China strategy

AS LONG AS TRUMP REMAINS IN POWER, THERE IS LITTLE CHANCE OF A RESOLUTION TO THE SINO-AMERICAN CONFLICT

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Financial Express Kochi

Equity MF inflows in 2025 set to see first dip since Covid

LOWER MARKET RETURNS IN LAST 2 YEARS POSSIBLE REASON

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January 03, 2026

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Sebi outlines tech roadmap for market infra institutions

MARKETS REGULATOR SECURITIES and Exchange Board of India (Sebi) has outlined a technology roadmap for market infrastructure institutions (MIIs) to strengthen the technological architecture of the securities market and foster confidence among stakeholders, Chairman Tuhin Kanta Pandey said on Friday.

time to read

1 mins

January 03, 2026

Financial Express Kochi

Banks to see double-digit growth in Dec quarter

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1 min

January 03, 2026

Financial Express Kochi

EU carbon tax to hit steel firms

INDIAN STEELMAKERS EXPORTING to Europe are preparing for higher costs, lower margins and tougher choices as the European Union's Carbon Border Adjustment Mechanism (CBAM) begins to bite. Industry estimates suggest that once carbon costs are fully reflected, export prices could rise by 15-22%, a shift that directly affects volumes, profitability and long-term market presence.

time to read

2 mins

January 03, 2026

Financial Express Kochi

Active users emerge as telcos' new battleground

THE ACTIVE SUBSCRIBER base, rather than headline subscriber additions, is emerging as the new battleground in India's telecom market, analysts said, as November data highlighted the contrast between operational momentum and reported scale.

time to read

1 min

January 03, 2026

Financial Express Kochi

An ambassador who became a CEO

LEVERAGING HIS STATESMANSHIP SKILLS, PHAM SANH CHAU AIMS TO POSITION VIETNAM'S VINFAST AMONG INDIA'S TOP-3 CARMAKERS WITHIN A DECADE

time to read

3 mins

January 03, 2026

Financial Express Kochi

Ships with Russian oil signal Reliance plant as destination

AT LEAST THREE tankers carrying Russian crude are indicating Reliance Industries' plant on India's west coast as their next destination, after the refiner restarted some purchases for domestic production.

time to read

1 mins

January 03, 2026

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