💨 Abstract

The Indian government has launched the Electronics Component Manufacturing Scheme (ECMS) to foster a robust ecosystem for electronics component manufacturing, attracting both domestic and foreign investments. The scheme aims to enhance manufacturing capacity, integrate Indian companies with Global Value Chains (GVCs), and develop strong design teams. Union Minister Ashwini Vaishnaw highlighted the significant growth in electronics production and exports, emphasizing the need for quality Six Sigma standards.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖