According to Union IT and communications minister, Ravi Shankar Prasad, the union government has cleared projects worth Rs. 6,500 crore in the electronic manufacturing sector, proposals for which were received from major domestic and international players. Firms such as General Electric, Bosch, Motherson Sumi and Tata Power SED made 57 proposals worth Rs. 19,000 crore. Of these, the government has cleared 30.
Extracted from BS, Feb 03,’15