ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Electronics Component Manufacturing Scheme guidelines to be out in a few days: Ashwini Vaishnaw

The Union Cabinet approved the Electronics Component Manufacturing Scheme in March this year, with a funding of Rs 22,919 crore, to make India self-reliant in the electronics supply chain.

ANI Apr 18, 2025 17:24 IST googleads

Union Minister Ashwini Vaishnaw (Image: ANI)

Manesar (Haryana) [India], April 18 (ANI): Minister for Information Technology Ashwini Vaishnaw said on Friday that guidelines for the Electronics Component Manufacturing Scheme are almost ready and will be released in a few days. Addressing a press conference in Manesar, he said a portal will also be launched soon for applications to be made under the components manufacturing scheme.
The Union Cabinet approved the Electronics Component Manufacturing Scheme in March this year, with a funding of Rs 22,919 crore, to make India self-reliant in the electronics supply chain.
With various government initiatives, the electronics manufacturing sector has experienced remarkable growth over the last decade.

India's electronics manufacturing capability has increased since the launch of the Make in India initiative, the minister said at the press conference. India's electronics production has increased fivefold over the past decade to exceed Rs 11 lakh crore.
Exports worth Rs 3.25 crore of electronics have been realised over the past decade, rising sixfold.
The electronics manufacturing ecosystem has employed 25 lakh individuals, the minister said.
The minister said that a large talent pool and respect for intellectual property rights are working in India's favour.
"The happiest part about the electronics manufacturing is that this ecosystem is gradually becoming mature. Design capabilities are improving," Ashwini Vaishnaw said.
Regarding the AI server manufacturing capabilities of India, the minister pointed out that VVDN Technologies has shipped out 6,000 such servers so far.
"Make in India initiative has taken a real shape now," he supplemented, talking from VVDN Technologies' facility in Manesar.
He added that India is not only manufacturing electronics but also the tools the engineers need to produce those items.
"Machines which make the machines are also now made in India, which is a very very significant point. It was unimaginable until a decade ago," he said. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Business

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Kolkata (West Bengal) [India], March 12: Sarbabharatiya Sangeet O Sanskriti Parishad officially commenced its 48th Annual Convocation yesterday, March 11, at the historic Mahajati Sadan, Kolkata. The three-day event, running from March 11 to 13, celebrates the institution's legacy of cultural service and its mission to bridge traditional heritage with a modernized future.

Read More
Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

Gurugram (Haryana) [India], March 12: AdvantageClub.ai, a global AI-powered employee rewards, recognition and wellbeing platform, has unveiled the winners of the Most Admired Women Awards (MAW) 2026, honouring 100 outstanding women HR leaders who are driving transformation across the global workplace landscape.

Read More
Business

Kody Technolab Ltd. Launches Medigo Robot

Kody Technolab Ltd. Launches Medigo Robot

Ahmedabad (Gujarat) [India], March 12: Kody Technolab Limited today announced the launch of Medigo Robot, a health screening robot developed to enable rapid preventive health assessments and expand access to routine screening across healthcare, public, and institutional environments.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.