Govt Clears 17 ECMS Projects Worth INR 7,172 Cr; Aequs, Zetwerk Bag Key Approvals

The Centre has now cleared 17 more approvals under the scheme worth INR 7,172 Cr. The list of newly approved projects features bids floated by new-age tech companies like Aequs, Zetwork as well as Apple vendor Jabil

The newly approved projects cover a broad range of components critical to devices across smartphones, IT hardware, wearables, telecom equipment, electric vehicles, medical systems and industrial machinery

With a six-year tenure and a one-year gestation period, the scheme…