Jan 2 (Reuters) - India has approved projects worth 418.63 billion rupees ($4.64 billion) from a host of companies to boost domestic manufacturing of electronic components under an incentive scheme, the country's IT ministry said on Friday.
Global majors Samsung Electronics, Tata Electronics and Foxconn were among the companies whose projects were approved to receive government subsidies under the Electronics Component Manufacturing Scheme, which has an outlay of 229.19 billion rupees. The projects include the manufacture of enclosures for mobile phones, camera sub-assemblies and other components.
