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India’s electronics scheme drew ₹1.15 lakh crore in investment proposals, doubling its target, to boost local manufacturing.
India’s Electronics Component Manufacturing Scheme has drawn ₹1.15 lakh crore in investment proposals—more than double its ₹59,000 crore target—with 249 companies applying.
The initiative aims to boost local electronics value addition from 15–20% to 35–40% within five years, focusing on enclosures, PCBs, electro-mechanical parts, and battery components.
Over 100 firms have proposed investments exceeding ₹65,000 crore in key segments.
Industry leaders call for state-level reforms and incentives to sustain momentum, create jobs, and strengthen India’s global manufacturing position.
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El esquema de electrónica de la India atrajo ₹1.15 lakh crore en propuestas de inversión, duplicando su objetivo, para impulsar la fabricación local.