Section

IT Ministry likely to seek Cabinet’s nod for Rs 40,000 crore package to boost electronic components' manufacturing

By Economic Times - 10 hours ago
The Ministry of Electronics and Information Technology will seek Union Cabinet’s approval for a ₹40,000 crore package to boost local manufacturing of electronic components in December. The package aims to offer subsidies and incentives, boosting local production to increase the value chain participation, with investments starting from April 2025.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.