Transfer of technology and local design ecosystem central to Electronics Component Manufacturing Scheme: MeitY Secretary

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The Electronics Component Manufacturing Scheme (ECMS) has received an overwhelming response from the industry, reflecting strong interest in expanding India’s electronics ecosystem.

A key focus of the scheme, S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), told CNBC-TV18, is fostering transfer of technology and developing a local design ecosystem.

“Design is again a key area. Many companies, even without direct incentives on design, are coming into the country simply because India is one of the best…



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Transfer of technology and local design ecosystem central to Electronics Component Manufacturing Scheme: MeitY Secretary


The Electronics Component Manufacturing Scheme (ECMS) has received an overwhelming response from the industry, reflecting strong interest in expanding India’s electronics ecosystem.

A key focus of the scheme, S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), told CNBC-TV18, is fostering transfer of technology and developing a local design ecosystem.

“Design is again a key area. Many companies, even without direct incentives on design, are coming into the country simply because India is one of the best…



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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