The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Nash Industries (I) Private Limited by a consortium of private equity investors led by ChrysCapital Fund X, along with Two Infinity Partners and Blue Wave Investments Limited. The regulatory clearance marks a significant development…
Tag: #ElectronicsManufacturing
News
India’s Chip Design Gets DLI Scheme Boost
India’s ambition to become a global semiconductor powerhouse is gaining momentum through the Design Linked Incentive (DLI) Scheme, a flagship initiative under the Semicon India Programme. Focused on chip design the most value-intensive segment of the semiconductor supply chain the scheme is enabling domestic startups, MSMEs and companies to move…
News
India Approves 22 ECMS Proposals for Manufacturing Push
The Ministry of Electronics and Information Technology (MeitY) has approved 22 proposals under the Electronics Component Manufacturing Scheme (ECMS), marking a significant push to strengthen India’s domestic electronics manufacturing ecosystem. The projects, with a projected investment of Rs 41,863 crore, are expected to generate 33,791 direct jobs across the country….
News
Electronics Development Fund Boosts Tech Innovation
India’s push to establish itself as a global electronics innovation hub received a major boost through the Electronics Development Fund (EDF), a government-backed initiative that has steadily strengthened the country’s technology startup ecosystem. According to the latest data released by the Ministry of Electronics and Information Technology (MeitY), the Fund…
News
India Approves ₹5,532 Cr ECMS Projects to Boost Electronics
The Union government has approved the first seven projects under the Electronics Component Manufacturing Scheme (ECMS), with a cumulative investment of ₹5,532 crore. Announced by Union Minister Ashwini Vaishnaw, these projects are projected to generate production worth ₹44,406 crore and create 5,195 direct jobs a strategic step to strengthen India’s…