Electronics Component Manufacturing Scheme (ECMS) Flashcards
1
Q
total outlay
A
Rs 22,919 crore
2
Q
purpose
A
- to make India Atmanirbhar in electronics supply chain.
- This scheme aimed to develop a robust component ecosystem by attracting large international and domestic investments in electronics component manufacturing ecosystem.
- It will also help in increasing Domestic Value Addition (DVA) by developing capacity and capabilities and integrating Indian companies with Global Value Chains (GVCs).
3
Q
The scheme is projected to attract investment worth ______, which will result in the production of Rs 4,56,500 crore.
A
Rs 59,350 crore
4
Q
- It is expected to generate additional direct employment of _____ persons and many indirect jobs as well during its tenure.
- The scheme offers differentiated incentives to Indian manufacturers customized to overcome specific disabilities for various categories of components and sub-assemblies, enabling them to acquire technological capabilities and achieve economies of scale.
A
91,600
5
Q
total time period
A
6 year, with one year of gestation period
6
Q
Electronics is one of the world’s highest-traded and fastest-growing industries. The domestic production of electronic goods has surged from Rs 1.90 lakh crore in Financial Year 2014-15
(FY15) to Rs 9.52 lakh crore in FY24 at Compound Annual Growth Rate (CAGR) of over ______
A
17%
7
Q
the India’s exports of electronic goods have significantly increased from Rs 0.38 lakh crore
in FY15 to Rs 2.41 lakh crore in FY24 at CAGR of more than _____.
A
20%