Government proposes to invest Rs 1,227 cr through EDF to push IPR in electronics
"EDF will be investing in 13 daughter funds over a period of 4-5 years. The total targeted corpus of these 13 daughter funds is Rs 6,950 crore and the amount committed by EDF to these 13 daughter funds is Rs 857 crore," Meity spokesperson said.
According to information updated on Ministry of Electronics and IT, the total corpus recommended to be invested by 22 daughter fund in technology firms is around Rs 10,906 crore, Representational image, Source: Pixabay