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SRF Ltd.

New Delhi: The government has approved seven projects worth Rs 5,532 crore, out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday.The minister said the production of electronics components from the approved projects is likely to reduce the import bill of around Rs 20,000 crore."Seven plants under electronics components have been approved. In the coming days, many more projects will be approved. We expect these projects to reduce the import bill by around Rs 20,000 crore," Vaishnaw said.The minister said that proposals for the manufacturing of multi-layer printed circuit boards or motherboard base, camera modules, copper laminates, and polypropylene films (used in capacitors for consumer electronics) have been approved.Approvals have been granted for four projects from the Kaynes Group, and one project each from Syrma Group, Ascent Circuits of Amber Group, and SRF Limited.Kaynes' four projects at an investment of Rs 3,280 crore comprise the production of multi-layer PCBs worth Rs 4,300 crore, camera module sub-assembly worth Rs 12,630 crore and HDI (High-Density Interconnect) PCBs worth Rs 6,875 crore.The Ascent Circuits project, entailing Rs 991 crore investment, is likely to produce multi-layer PCB worth Rs 7,847 crore, Syrma Strategic Electronics' Rs 765 crore investment would make multi-layer PCB worth Rs 6,933 crore, and SRF Limited's investment proposal of Rs 496 crore is estimated to produce polypropylene film worth Rs 1,311 crore.This is the first time camera modules will be made in India without the support of a foreign technology partner.

… a move expected to bring investments worth Rs 25,380 crore … and Rayagada. Among the major investments , SRF Limited will set up … Carbon Ashok Pvt Ltd will invest Rs5,806 crore in … Gediapalli, and Santrapur with an investment of Rs2,096 crore. Officials …

Chief Minister Mohan Charan Majhi inaugurated SRF Limited's chemical unit in Ganjam district via video conferencing. SRF will invest Rs 10,000 crore to establish the unit at Gopalpur Industrial Park, creating 20,000 jobs. The unit will produce various chemicals, boosting socio-economic activities in the region and marking SRF as a major investor.

Chief Minister Mohan Charan Majhi virtually inaugurated the foundation stone for SRF Limited's new chemical unit in Ganjam, Odisha. SRF will invest ₹10,000 crore in the Gopalpur Industrial Park, creating approximately 20,000 jobs. The unit will produce essential chemicals for various industries. Berhampur MLA K Anil Kumar highlighted the project's potential to boost socio-economic growth in the region.