Centre gets $17.9 billion worth investment proposals in electronics sector under Make in India

30-Nov-2015 #MakeInIndia Source: Economic Times

After launching Make in India, the electronics manufacturing sector has attracted investment proposals worth $17.9 billion till now which is expected to jump in 2016. The centre expects to attract $100 billion worth of investment in the sector and generate employment for nearly 28 million individuals by 2020 by offering sops like reimbursement of countervailing duty (CVD) and modified special incentive package scheme (M-SIPS) up to 25 per cent for setting up manufacturing facilities in the country.

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