IGI Logo

The government of India has approved 31 new proposals under the Electronics Component Manufacturing Scheme (ECMS), involving investments worth Rs 7,877 crore. With these approvals, the total number of projects cleared across five tranches has reached 106, with cumulative investments exceeding Rs 69,000 crore.

The approvals include projects focused on diverse areas such as capital goods, camera modules, display modules, connectors, anode material, enclosures, rare earth permanent magnets, speakers and microphones, antenna, metallised films for capacitors, and coils, among others. These approvals will result in a total output or production of goods worth Rs 82,243 crore and lead to the generation of close to 10,000 jobs.

After awarding approval certificates to players, Union Electronics and IT Minister Ashwini Vaishnaw said the scheme has attracted private investments that have exceeded targets set originally. He said ‘When we made the Electronic Components Scheme, the manufacturing scheme, we kept a target of Rs 59,000 crore. I am so glad the scheme has already achieved Rs 69,000 crore investment. Private investment is happening now, and it is coming in very crucial sectors.’

The approvals come as India looks to deepen domestic value addition in electronics by strengthening local supply chains, reducing dependence on imports of critical components and building advanced manufacturing capabilities. It is in line with the government’s broader goal of positioning India as a global hub for electronics manufacturing. The Electronics Components Manufacturing Scheme, launched in April 2025, offers incentives for setting up domestic manufacturing facilities.