India approves 12 ECMS electronics component projects, 7,500cr plus investments
Big news for India's tech scene: the government just approved 12 electronics component manufacturing projects under the ECMS, pulling in over ₹7,500 crore in investments.
These new projects are set to ramp up production by ₹39,045 crore and push India further as an electronics hub.
With this round, ECMS now has 118 projects on board and total investments have reached ₹77,000 crore, well above the original target.
Indo Asia Copper leads 3,546cr investment
Indo Asia Copper is leading with a massive ₹3,546 crore investment in Gujarat, closely followed by TACC's ₹2,438 crore project in Madhya Pradesh.
There are also notable investments from Vidyuta Materials (₹400 crore) and Enerfolie (₹236 crore), plus more activity across states like Maharashtra and Tamil Nadu.
Altogether, these efforts aim to boost India's global standing in electronics manufacturing and create serious economic growth, way beyond what was first planned.