The Indian government has reportedly received investment proposals worth approximately Rs 16 billion under the Electronics Component Manufacturing Scheme (ECMS), according to official sources.

The scheme, which has a total outlay of Rs 228.05 billion, opened for applications on 1 May. It aims to boost domestic manufacturing of electronic components and support the development of a robust supply chain in the sector.

An official source confirmed, "We have received proposals worth around Rs 16 billion under ECMS."