Electronics Manufacturing
The Electronics Components Manufacturing Scheme has garnered applications worth Rs. 1,15,351 crores from both domestic and international industries, significantly exceeding its target. Union Minister Ashwini Vaishnaw emphasized the scheme's potential to create 1,42,000 direct jobs and urged states to develop their electronics manufacturing sectors.
GST reforms
The Ministry of Electronics and IT has announced significant reductions in Goods and Services Tax (GST) rates on various consumer electronics and ICT hardware, aimed at promoting domestic manufacturing, supporting MSMEs, and enhancing affordability for consumers. Key reductions include GST cuts on air conditioners, TVs, monitors, and renewable energy devices,
Lithium-Ion Battery
Union Minister Ashwini Vaishnaw inaugurated TDK Corporation's state-of-the-art Lithium-ion battery manufacturing plant in Sohna, Haryana. The facility aims to produce 20 crore battery packs annually, fulfilling 40% of India's requirement and creating 5,000 jobs. This initiative aligns with the Atmanirbhar Bharat vision, promoting self-reliance in
Tempered Glass
Union Minister Ashwini Vaishnaw inaugurated India's first Tempered Glass Manufacturing Facility for mobile devices in Noida, established by Optiemus Electronics in collaboration with Corning. This facility aims to produce high-quality tempered glass domestically, supporting the Make in India initiative and reducing reliance on imports. The project is expected
Electronics Manufacturing
The Government of India has approved a ₹417 crore Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh, aimed at boosting local manufacturing and innovation. The project, developed by the Yamuna Expressway Industrial Development Authority, will cover 200 acres and is expected to attract ₹2,500 crore