 "Electronics manufacturing")
The government is creating an ecosystem to make India a global hub for electronics manufacturing, said Finance Minister Arun Jaitley while presenting the budget 2017-18 today. Over 250 investment proposals for electronics manufacturing have been received in the last 2 years, totalling to an investment of Rs.1.26 lakh crores.
A number of global leaders and mobile manufacturers have set up production facilities in India, hence the Finance Minister said that allocation for incentive schemes like M-SIPS and EDF have been exponentially increased to an all-time high of Rs 745 crores in 2017-18. Further, a new and restructured central scheme, namely, Trade
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