Govt approves 17 projects worth ₹7,172 crore under Electronics Component Manufacturing Scheme

November 18, 2025 1:26 PM

Govt approves 17 projects worth ₹7,172 crore under Electronics Component Manufacturing Scheme

The Ministry of Electronics and Information Technology on Monday cleared 17 additional proposals under the Electronics Components Manufacturing Scheme (ECMS). With a total investment of ₹7,172 crore, the projects are expected to generate production worth ₹65,111 crore and create 11,808 direct jobs across the country, according to the ministry. This latest round of approvals follows an earlier tranche of seven projects worth ₹5,532 crore. The new projects are spread across Goa, Gujarat, Ja...

With 8% of world’s reserves, India poised to play key role in rare earth elements supply chain

July 8, 2025 3:10 PM

With 8% of world’s reserves, India poised to play key role in rare earth elements supply chain

India holds 8 per cent of the world's rare earth element reserves, which gives it the potential of playing a key role in the gradually evolving global supply landscape as China's current dominance is projected to decline, according to a CareEdge report released on Tuesday. While China currently plays a leading role in both mining and refining, its projected share is expected to decrease from 69 per cent to 51 per cent in mining and from 90 per cent to 76 per cent in refining by 2030, as per the...