Electronics Current Affairs, GK & News

Union Cabinet: PLI Scheme for Air Conditioners and LED Lights approved

The Union Cabinet recently approved the Production Linked Scheme for White Goods such as Air conditioners and LED lights. The main objective of the scheme is to make manufacturing in India globally competitive. This is to be achieved by creating economies of scale, removing sectoral disabilities and ensuring efficiencies. The scheme will make India an ..

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What is PLI scheme? Which 10 sectors are added to the scheme?

The Government of India recently announced that it is to expand the PLI (Production Linked Incentive) scheme to more than ten sectors. This includes food processing, leather, textiles, battery manufacturing. The pharmaceuticals (and medical devices) and electronics are already under the scheme. These sectors were suggested by NITI Aayog. The rest four sectors are to ..

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GoI approves 10 PLI projects of Rs 10.5 trillion in electronics manufacturing sector

On October 6, 2020, the Government of India approved 16 proposals under two flagship schemes (Make in India and Atma Nirbhar Bharat Abhiyan) in the electronics manufacturing sector. The projects are expected to bring Rs 11,000 crores of investments in the local electronics manufacturing sector. This in turn will increase the production in the sector ..

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Electronic Manufacturing

The Union Cabinet recently approved 3 scheme to boost the domestic manufacturing of electronics and also to attract investments in the sector. Production-linked Incentive Manufacturing Scheme The Cabinet approved the production linked incentive manufacturing scheme for the electronics sector and it is worth 40,995 crore INR. It will give an incentive of 4 to 6% ..

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Modified Electronics Manufacturing Scheme 2.0 approved by the Union Cabinet

On March 21, 2020, the union cabinet chaired by PM Modi approved the Modified Electronics Manufacturing Clusters Scheme 2.0 (EMC 2.0). The scheme aims at improving the growth of Electronics System Design and Manufacturing sector. Highlights The scheme aims at developing entrepreneurial ecosystem, increase employment opportunities, attract investment. It will support setting up of Electronics ..

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