The ministry of electronics and information technology (MeitY) released the details of the Electronics Component Manufacturing Scheme, in a Gazette notification published on Tuesday. 120145443The Rs 23,000 crore scheme is meant to boost the domestic production of electronic components and subassemblies, aiming to position India as a key player in the global electronics value chain. Here’s a quick look at the key provisions and clauses of the scheme.
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Technology
Decoding MeitY’s Rs 23,000 crore electronics production scheme

India's MeitY unveiled a Rs 23,000 crore scheme to boost domestic production of electronic components, aiming to strengthen India's position in the global electronics value chain through targeted incentives.