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Govt Likely To Extend Electronics Manufacturing Scheme

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SUMMARY

The MeitY will be extending the deadline of the scheme for a ‘few days’ on the back of healthy responses from the industry

ECMS was introduced in March earlier this year, to focus on non semiconductor electronics components

The scheme’s tenure is set for a period of six years until FY2031-32, which aims to attract an investment of INR 59,350 Cr

The Centre will be reportedly extending the application deadline for the INR 22,919 Cr electronics component manufacturing…

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