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The Indian government has approved the first batch of seven projects worth over 55 billion rupees ($625.75 million) to boost domestic manufacturing of electronics components.
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1hon MSN
India clears ₹5,532 crore worth of projects under ECMS to boost electronics component manufacturing
Union Electronics and IT Minister Ashwini Vaishnaw emphasised that the projects are expected to reduce India’s electronics import bill by ₹18,000–20,000 crore annually, while enabling domestic value ...
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