New Delhi, India: India has approved 106 projects under the Electronics Components Manufacturing Scheme (ECMS), with a combined investment of ₹69,548 crore and projected production of ₹5.34 lakh crore, according to the Ministry of Electronics and Information Technology (MeitY).
The latest round includes 31 newly approved proposals involving ₹6,844 crore in projected investment. Together, the projects are expected to create 74,628 direct jobs and around 2.5 lakh indirect employment opportunities across the country.
Union Minister for Electronics and IT Ashwini Vaishnaw said the scheme is helping expand domestic electronics manufacturing beyond assembly into critical components and raw materials.
Of the 106 approved projects, 38 plants have already started production, while 16 others are at advanced stages of construction or machinery installation. The latest approvals include domestic manufacturing of filters, coils, speakers, acetylene black and electrolyte additives for the first time.
The new projects cover 20 target product segments, including camera and display module sub-assemblies, optical transceivers, connectors, relays, capacitors, antennas, enclosures and metal shielding covers. The approvals also include supply-chain products such as anode material for lithium-ion cells, rare-earth permanent magnets, metallized films and hermetic terminals.
Projects approved in the latest round are spread across 10 states, including Maharashtra, Gujarat, Karnataka, Tamil Nadu, Telangana and Uttar Pradesh. Several companies have proposed investments across multiple locations.
The scheme has also resulted in production capacities that meet or exceed domestic requirements in several areas. Output is estimated at about 110% of domestic demand for anode material, 350% for optical transceiver-SFP and 200% for relays.
The government said the ECMS is intended to strengthen domestic supply chains, increase value addition and reduce dependence on imports. The scheme’s approved investment has risen from the ₹59,350 crore originally envisaged to ₹69,548 crore.
Source: This article is based on an official press release issued by the Press Information Bureau, Ministry of Electronics & IT, Government of India
Press Release: Press Information Bureau
