IT Ministry approves 22 more firms for component incentives
Published on: Jan. 2, 2026, 7:25 p.m. | Source: The Hindu
The Ministry of Electronics and Information Technology (MeitY) approved 22 new projects under the ₹22,919 crore Electronics Component Manufacturing Scheme (ECMS), under which firms making electronics parts will receive payouts based on incremental production and employment. The projects approved under Friday’s tranche amount to a combined investment of ₹41,863 crore, the IT Ministry said.
