HomeNewsECMS applications make history, cross Rs. 1 lakh crore in investment applications

ECMS applications make history, cross Rs. 1 lakh crore in investment applications

Union Minister for Electronics and IT Ashwini Vaishnaw announced that the government has received investment applications worth nearly 1 lakh 15 thousand, 351 crore rupees under the Electronics Component Manufacturing Scheme (ECMS) against the targeted 59 thousand 350 crore rupees. The union minister made the announcement during a media briefing in New Delhi after the last date for applications was closed on November 27, 2025. He credited the 11 years of trust in the system which is now expected to drive investment, employment generation, and production.

Additionally, he added that, against a production target of 4 lakh 56 thousand and 500 crore rupees, production estimates of over 10 lakh crore rupees have been received.

Related News

Must Read

Sasken Announces Hyderabad Center of Excellence to Scale Product Engineering and Digital Innovation

Hyderabad, India: April 16, 2026: Sasken Technologies Ltd. (BSE:...

Mission accomplished: Infineon technology proves reliable once again in space on Artemis II

Infineon's radiation-hardened semiconductors performed flawlessly on NASA's Artemis...

Bosch and Qualcomm expand collaboration to strategic ADAS solutions

Cockpit Computers: 10 million units delivered • High-performance solutions: Bosch...

Gartner Forecasts Worldwide Semiconductor Revenue to Exceed $1.3 Trillion in 2026

Semiconductor Revenue to Grow 64% in 2026 DRAM...

Directed Energy Systems: Where Capability Ends and Control Begins

by Sukhendu Deb Roy, Industry Consultant Key Takeaways The economics...

Boundary scan in combination with automotive applications for CAN-FD and LIN bus

Serial communication remains the backbone of electronic communication in...

Why Every EV & 5G Phone Could Soon Be Powered by Gujarat

In a move that cements India’s transition from a...