Investment6 Feb 2026, 06:19 pm
EPACK Durable Ltd Receives INR 7.36 Crore Incentive Under M-SIPS
AI Summary
EPACK Durable Ltd has announced that it has received an incentive of INR 7.36 Crore under The Modified Special Incentive Package Scheme (M-SIPS) of the Ministry of IT & Electronics, Government of India. The scheme is designed to promote electronics manufacturing in the country and offers incentives in three phases for investments in capital expenditure for setting up electronic manufacturing units. The company had applied for the scheme to align with the Government of India’s vision of ‘Make in India & Aatamnirbhar Bharat’.
Key Highlights
- EPACK Durable Ltd has received an incentive of INR 7.36 Crore under M-SIPS
- The scheme is designed to promote electronics manufacturing in the country
- The incentive is part of the third phase of the M-SIPS scheme
- The company had applied for the scheme to align with the Government of India’s vision of ‘Make in India & Aatamnirbhar Bharat’
- The incentive is a positive step towards promoting electronics manufacturing in the country