Govt launches Electronics Mfg Scheme 2.0, aims to get 5 top global players

Also plans to promote five domestic companies on national scale

The Ministry of Electronics and Information Technology (MeitY) on Tuesday launched the Electronics Manufacturing Scheme 2.0, which includes three sub-schemes and has a combined outlay of Rs 50,000, to promote production, not just for the domestic market, but also for export.

The three schemes are Production Linked Incentive Scheme (PLI) for large-scale electronics manufacturing, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), and Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme.  The government invited applications from companies looking to invest in India under these schemes, as it plans to initially get the top five global mobile manufacturing companies, and