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New Delhi, Mar 30 (PTI) The government on Monday approved the fourth tranche of 29 proposals under the Electronics Components Manufacturing Scheme with a projected investment of Rs 7,104 crore, with IT Minister Ashwini Vaishnaw stressing that the industry must build in-house design capabilities and adopt Six Sigma quality standards to avail future support and incentives. The latest tranche includes approval for the Rare Earth Permanent Magnet facility by Lohum Cleantech, entailing Rs 700 crore ...Read More >
New Delhi: Union Electronics and IT Minister Ashwini Vaishnaw on Monday warned that companies failing to invest in product design and quality standards may lose government incentives under the Electronics Components Manufacturing Scheme (ECMS). Addressing industry players, the minister said disbursements could be halted even for approved projects if firms do not meet key requirements. "We are willing to stop further disbursements or approvals if the industry does not come up with commensurate e ...Read More >
New Delhi, Mar 30 (PTI) The government on Monday approved the fourth tranche of 29 proposals under the Electronics Components Manufacturing Scheme with a projected investment of Rs 7,104 crore, with IT Minister Ashwini Vaishnaw stressing that the industry must build in-house design capabilities and adopt Six Sigma quality standards to avail future support and incentives. The latest tranche includes approval for the Rare Earth Permanent Magnet facility by Lohum Cleantech, entailing Rs 700 crore ...Read More >
New Delhi, Mar 30 (PTI) Electronics and IT Minister Ashwini Vaishnaw on Monday issued an ultimatum to electronics component industry to act swiftly on the Centre's key asks for a concrete plan on building design capabilities, achieving Six Sigma quality standards, and enhancing workforce skilling -- or else risk losing out on disbursements and new approvals under the Electronics Components Manufacturing Scheme (ECMS). After granting approvals to 29 proposals under ECMS entailing fresh investmen ...Read More >
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on Monday said firms under the Electronics Components Manufacturing Scheme (ECMS) must embed design, quality and engineering in India or risk losing support. The ...Read More >
New Delhi [India], March 30 (ANI): About 10 per cent of global manufacturing by US-based semiconductor major Micron will take place in India as its memory plant ramps up production, Union Minister for Electronics and IT Ashwini Vaishnaw said on Monday, adding that the facility will help address the global surge in demand for memory chips driven by AI data centres. He said India's first memory semiconductor facility by Micron Technology began commercial production recently and is expanding rapid ...Read More >
New Delhi [India], March 30 (ANI): About 10 per cent of global manufacturing by US-based semiconductor major Micron will take place in India as its memory plant ramps up production, Union Minister for Electronics and IT Ashwini Vaishnaw said on Monday, adding that the facility will help address the global surge in demand for memory chips driven by AI data centres. He said India's first memory semiconductor facility by Micron Technology began commercial production recently and is expanding rapid ...Read More >
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