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Centre clears Rs 961 cr investments in electronics sector

Centre clears Rs 961 cr investments in electronics sector

The Union Minister for Communications & IT and Law and Justice Kapil Sibal has said that the Union government has approved investment proposals worth Rs 961 crore from Samsung, Bosch and Sahasra for setting up of electronic systems design and manufacturing (ESDM) facilities in the country. The proposals were received under the Department of Electronics and Information TechnologyÂ’s Modified Special Incentive Package Scheme (M-SIPS), in which the government will provide up to Rs 10,000 crore in fi