New PLI approvals to deepen value chains in components manufacturing: Industry

IANS | January 2, 2026 4:29 PM

New Delhi, Jan 2 (IANS) The industry on Friday welcomed the approval of 22 new proposals under the third tranche of the Electronics Components Manufacturing Scheme (ECMS) by the government, saying that it marks a decisive inflection point in India’s journey towards deep manufacturing and the creation of globally competitive Indian champions in electronics components.