CNBC-TV18 newsbreak confirmed: Cabinet approves ₹22,919 crore electronics PLI scheme

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In a major push for domestic electronics manufacturing, the Union Cabinet on Friday (March 28) cleared a ₹22,919 crore Production-Linked Incentive (PLI) scheme. CNBC-TV18 had reported on this development on March 27, quoting sources.

The scheme, finalised by the Ministry of Electronics and Information Technology (MeitY), is focused on increasing local production of key electronic components. The PLI scheme focused on boosting domestic production of sub-assemblies and bare components like PCBs, capacitors, fuses, and resistors, Union Electronics and…



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CNBC-TV18 newsbreak confirmed: Cabinet approves ₹22,919 crore electronics PLI scheme


In a major push for domestic electronics manufacturing, the Union Cabinet on Friday (March 28) cleared a ₹22,919 crore Production-Linked Incentive (PLI) scheme. CNBC-TV18 had reported on this development on March 27, quoting sources.

The scheme, finalised by the Ministry of Electronics and Information Technology (MeitY), is focused on increasing local production of key electronic components. The PLI scheme focused on boosting domestic production of sub-assemblies and bare components like PCBs, capacitors, fuses, and resistors, Union Electronics and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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