Summary
The plan gives money to factories that build things like circuit boards and batteries.
More than 100 projects are already running, creating many new jobs.
The aim is to sell lots of electronics worldwide and become a top maker.
Key Points
5 points1
The scheme will increase funding to about 40,000 crore Indian rupees.
2
It supports making parts such as circuit boards, camera modules, and batteries.
3
Over 100 projects across 15 states have been approved.
4
These projects could create about 75,000 direct jobs and 250,000 indirect jobs.
5
India hopes to reach a $500 billion electronics industry by 2030.
New Words to Learn
6 wordscircuit board
a flat board that holds electronic parts and connects them
battery
a device that stores electricity to power things
direct jobs
people hired to work directly in the factories
indirect jobs
people hired for supporting work like transportation and services
semiconductor
a material used to make tiny chips that control electronics
supply chain
the whole process of getting raw materials, making parts, and delivering finished products
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