IT Ministry approves 22 more firms for component incentives
Image used for representation | Photo Credit: Getty Images/iStockphotos The Ministry of Electronics and Information Technology (MeitY) approved 22 new projects under the ₹22,919 crore Electronics Component Manufacturing Scheme (ECMS), under which firms making electronics parts will receive payouts based on incremental production and employment. The projects approved under Friday’s tranche amount to a combined…
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