Decoding MeitY’s Rs 23,000 crore electronics production scheme

The ministry of electronics and information technology (MeitY) released the details of the Electronics Component Manufacturing Scheme, in a Gazette notification published on Tuesday.

The Rs 23,000 crore scheme is meant to boost the domestic production of electronic components and subassemblies, aiming to position India as a key player in the global electronics value chain. Here’s a quick look at the key provisions and clauses of the scheme.