The new tranche adds to 46 earlier approvals, raising total ECMS proposals to 75.
The Ministry of Electronics and Information Technology (MeitY) has approved 29 additional proposals under the Electronics Components Manufacturing Scheme (ECMS), marking another significant step in strengthening India’s electronics manufacturing ecosystem.
These approvals entail a projected investment of ₹7,104 crore and are expected to generate production worth ₹84,515 crore, along with 14,246 direct employment opportunities.
This latest tranche builds on the earlier approval of 46 applications worth ₹54,567 crore, taking the total number of approved proposals under the scheme to 75. The newly cleared projects span 16 products with applications across multiple sectors, including mobile manufacturing, telecom, consumer electronics, automotive, strategic electronics, and IT hardware.
Among the approved categories are display modules as sub-assemblies; 11 bare components such as capacitors, resistors, connectors, inductors, antennas, Li-ion cells, and flexible PCBs; and key supply chain items including laminates, metallized films for capacitors, and rare earth permanent magnets. The approvals also include capital goods and their parts.
Significantly, the initiative will establish India’s first SMD passive plant for tantalum-based capacitors, the first flexible PCB manufacturing unit, and the first rare earth permanent magnet facility—marking a strategic push towards upstream integration and reducing import dependence.
Union Minister for Electronics and IT Ashwini Vaishnaw outlined four priority areas for the sector’s growth: strengthening domestic design capabilities, building a resilient supply chain, implementing Six Sigma quality standards, and developing a skilled workforce through dedicated training centres. He stressed that these steps are critical for enhancing value addition and ensuring global competitiveness.
S. Krishnan, Secretary, MeitY, noted that ECMS has attracted strong industry interest, supported by swift government approvals. He urged companies to match this momentum with faster implementation, particularly in capital equipment and upstream supply chains, amid evolving geopolitical dynamics.
Welcoming the development, Pankaj Mahindroo, Chairman of the India Cellular & Electronics Association (ICEA), highlighted the increased ECMS outlay of ₹40,000 crore in the Union Budget as a major confidence booster. He stated that India is transitioning from scale to depth in electronics manufacturing, with the latest approvals reinforcing this shift.
The expansion of ECMS aligns with Prime Minister Narendra Modi’s vision of building a $500 billion electronics manufacturing ecosystem. Industry stakeholders believe that continued policy support and deeper participation across the value chain will be key to sustaining this growth trajectory.
