Electronics Component Manufacturing Scheme (ECMS) Flashcards

1
Q

total outlay

A

Rs 22,919 crore

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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).
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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

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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

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5
Q

total time period

A

6 year, with one year of gestation period

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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%

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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%

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