India's Electronic Manufacturing Attracts Record Investment

India is trying to make more electronic parts at home.

A government plan called ECMS offered money to companies that make things like phone parts and circuit boards.

Companies are investing heavily in these projects, with commitments reaching over ₹1.1 trillion, nearly doubling the target.

This should help reduce the amount of parts India imports, especially circuit boards.

Companies are also partnering with others and raising money to help them.

A potential issue is that high tariffs in the US, a key export market, could make things more difficult.