Friday, 24 March, 2023

India approves 314 applications for electronic manufacturing worth of Rs 86,824 Cr

<p>A revamped special incentive package scheme&nbsp;for electronic manufacturing with proposed investments totaling Rs 86,824 Cr has been authorised by the Electronics and IT ministry for a total of 314 applications through May 31, 2022. Bosch Automotive Electronics invested Rs 596 Cr in the bids that were approved in May. 320 applications with a total proposed investment of Rs 89,232 Cr had been authorized as of May 31, as stated by the officials.</p>