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IT Ministry approves 12 more projects under ECMS scheme

MintIT Ministry approves 12 more projects under ECMS scheme
Image: The Hindu

What the coverage says

The Ministry of Electronics and Information Technology has greenlit 12 new initiatives under the Electronics Component Manufacturing Scheme, according to The Hindu. Mint reported that these projects carry a collective valuation of ₹7,503 crore and involve entities such as the corporate arms of Wipro, Rockwell, and Lohum. The approved undertakings will focus on manufacturing battery materials, factory equipment, and inputs for printed circuit boards. As The Hindu noted, the overarching scheme functions by granting turnover-linked incentives throughout the component sector.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Hindu

Timeline

  1. Mint first reported it
  2. The Hindu reported it
  3. Latest update
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