MeitY approves 12 ECMS projects, boosting India's electronics and component manufacturing with ₹7,503 crore investments and expanded value-chain growth. The government has approved 12 projects worth over ₹7,500 crore under the Electronics Component Manufacturing Scheme, with projected production of ₹39,045 crore. Several of the new projects focus on materials and capital goods, while a proposed domestic cathode manufacturing unit is expected to help reduce import dependence.