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Govt Approves ₹7,503 Crore for 12 Electronics Projects

The government has approved 12 projects worth ₹7,503 crore under its electronics component manufacturing scheme. Companies including Wipro, Rockwell and Lohum are among those entering the scheme. The projects will make battery materials, printed-circuit-board inputs and factory equipment.

Context

Context: Electronic components are the small parts, like circuit boards and batteries, that go into phones, laptops and cars. The government has been offering incentives to bring such manufacturing to India so the country relies less on imports.

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