Permanent Magnets Limited Receives Government Approval Under Electronics Components Manufacturing Scheme for Relays
Published on: March 30, 2026, 11:09 p.m. | Source: scanx.trade
Permanent Magnets Limited has received approval under the Electronics Components Manufacturing Scheme (ECMS) from the Government of India for its electro-mechanicals segment, specifically for relays manufacturing. The company announced this development on March 30, 2026, describing it as a significant milestone that aligns with its growth strategy to enhance domestic electronics manufacturing capabilities. The approval comes from the Ministry of Electronics and Information Technology (MeitY) and represents government support for strengthening India's electronics manufacturing sector.
