
India’s electronic component push receives twice the anticipated interest
New Delhi: India’s scheme offering incentives to create an electronics component supply chain has generated strong interest as the Centre received 249 applications, proposing investments totalling $13 billion ( ₹1.15 trillion), according to Union IT minister Ashwini Vaishnaw. The total investments proposed by conglomerates and small enterprises is nearly double the $6.7 billion ( ₹59,350…