Competition wizard The govt has approved 681
cr as seed capital for building a total corpus of o er 6,800 cr under the electronic development
fund meant to support entrepreneurship and innovation in electronics and IT. wizard magazine The electronic development
fund is the mother fund that will contribute to various funds under it for
those who invest the money in companies for creation of intellectual property
rights in the field of electronics and IT. The investments in electronic
manufacturing was just ^11.000 cr in Jun 2014 and has now increased to 1.27,880
cr, and from 6 cr mobile handsets in 2014- 15, India’s mobile manufacturing
capacity has increased to 11 cr in 2015-16 wizard publications.
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