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Make-In-India Impact: Electronics Manufacturing Boom Creates 25 Lakh Jobs, Says Vaishnaw
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Ashwini Vaishnaw highlights India’s electronics manufacturing boom with Make in India, ECMS, record Rs 1.15 lakh crore investments, 1.42 lakh jobs, etc.
News18
India’s push to become a global manufacturing hub in electronics and increase export share with Make in India schemes and production-linked incentives in the past few years has borne fruit now. Union Minister Ashwini Vaishnaw shared a thread on X highlighted the rising growth of India in electronics manufacturing, along with the creation of jobs and attracting record investments.
Highlighting the impact of government-led manufacturing policies, Vaishnaw said the Electronics Component Manufacturing Scheme (ECMS) is playing a key role in shifting India’s focus from assembling finished products to building a strong component ecosystem. Under the scheme, 249 applications have been received, committing investments worth Rs 1.15 lakh crore. These projects are expected to generate Rs 10.34 lakh crore worth of production and create 1.42 lakh jobs, marking the highest-ever investment commitment in India’s electronics sector.
Self-Reliant In Semiconductor Manufacturing
Alongside component manufacturing, India is also making progress in the semiconductor space. The minister said 10 semiconductor units have been approved so far, with three already in pilot or early production stages. Once fully operational, fabrication units and ATMP (Assembly, Testing, Marking and Packaging) facilities based in India are expected to supply chips directly to domestic mobile phone and electronics manufacturers, reducing import dependence.
Vaishnaw further noted that electronics manufacturing has already created 25 lakh jobs over the last decade, calling it “real economic growth at the grassroots level.” He added that as semiconductor manufacturing and component ecosystems scale up, the pace of job creation is likely to accelerate further.
“This is the ‘Make in India’ impact story,” Vaishnaw said, underlining how manufacturing-led growth is strengthening India’s position in the global electronics value chain.
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December 28, 2025, 10:40 IST
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SEBI proposes stricter base price and band rules for gold, silver ETFs, including cooling-off periods after sharp global price swings to curb volatility.
Amid Global Commodity Volatility, SEBI Plans New Price Band Rules for Gold, Silver ETFs
The market regulator has sought to curb extreme volatility in gold and silver Exchange Traded Funds (ETFs) by proposing changes to the base price and price band framework. Currently, there are no separate price bands for ETFs aligned with their underlying assets, making them vulnerable to sharp price movements.
The proposal comes after sharp volatility in gold and silver ETFs triggered by fluctuations in global commodity prices. On some days, these ETFs fell by over 15%, while on others, they recorded sharp gains.
Stock exchanges currently apply a fixed price band of plus or minus 20% on the base price of ETFs, except for Overnight ETFs investing only in TREPs, which have a price band of plus or minus 5%.
Moreover, the base price for applying price bands to ETFs is taken as the T-2 day closing Net Asset Value (NAV) by exchanges, instead of the T-1 day closing NAV or price, as is the case with indices and individual stocks. This creates a challenge, as the closing NAV of ETFs typically differs between T-1 and T-2 days. Corporate actions such as bonuses and dividends are adjusted manually, increasing the risk of errors.
What Are the Key Proposals?
SEBI has proposed that the base price be determined using either the closing price of the ETF on T-1 day (weighted average price of the last 30 minutes), the closing NAV of T-1 day, or the average indicative NAV (iNAV) of the last 30 minutes of T-1 day.
Further, the regulator has proposed an initial price band of plus or minus 10% for equity and debt ETFs, which can be flexed up to plus or minus 20%. A cooling-off period of 15 minutes will apply, and up to two flexes will be allowed in a day.
For gold and silver ETFs, the regulator has proposed an initial price band of plus or minus 6%, which can be flexed up to plus or minus 20%. This will also include a 15-minute cooling-off period.
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February 14, 2026, 16:08 IST
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Oil and Gas Regulatory Authority (OGRA) forwarded a summary to the federal government suggesting an increase of Rs4.39 per liter in petrol price for the next fortnight.
After approval from the federal government, one liter of petrol will be sold at Rs257.56 instead of Rs253.17 per liter.
The price of high-speed diesel (HSD) will be increased by Rs5.40 per liter.
After approval, the price of one liter of high-speed diesel will increase by Rs268.38 to Rs273.78.
The proposal to increase the price of kerosene by Rs4 per liter is also on the cards.
The OGRA also recommended increasing the price of one liter of light diesel by Rs6.55.
The new prices of petroleum products will be effective from February 16, 2026.
Due to tension between the USA and Iran, petroleum prices are likely to increase further.
The group, based in Solihull and Wolverhampton, says its vet bills are costing them more.
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