05/06/2025
🚀 Thrilled to meet Sri Bhaskar Katamneni, IAS—Secretary, ITE&C Department, Govt. of Andhra Pradesh—at today’s Investment Promotion Workshop on the Electronics Component Manufacturing Scheme (ECMS 2025) in Tirupati!
Here’s why the new AP Electronics Component Manufacturing Policy has us excited:
✅ Up to 25 % CapEx grants for PCB, passive & sub-assembly lines
✅ Single-window fast-track approvals (goodbye red tape)
✅ Local-sourcing & R&D support to cut imports and boost MSMEs
✅ Industry–academia skilling partnerships to build tomorrow’s talent
At Spin Modules / Spinoff Electronics, we’re committed to powering India’s electronics ecosystem with world-class components, and these initiatives line up perfectly with that mission.
A big shout-out to MeitY, ICEA, and the Govt. of AP for an inspiring afternoon—and for creating a roadmap that helps manufacturers, startups, and policymakers build the future together. 💡
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