ECMS Boost: 29 New Approvals Deepen India’s Electronics Ecosystem
The Government of India has approved 29 additional proposals under the Electronics Component Manufacturing Scheme (ECMS), marking another significant step towards strengthening the country’s electronics manufacturing ecosystem. With a projected investment of ₹7,104 crore, these approvals are expected to generate over 14,000 direct jobs and drive production worth ₹84,515 crore, reinforcing India’s ambitions of becoming a global electronics manufacturing hub.
The latest approvals build upon the earlier clearance of 46 proposals worth ₹54,567 crore, highlighting the strong momentum of the scheme. Launched to address critical gaps in the electronics value chain, ECMS aims to promote domestic manufacturing of key components and reduce import dependency. With the current tranche, a total of 75 applications have been approved, attracting cumulative investments exceeding ₹61,000 crore and creating over 65,000 direct employment opportunities.
The newly approved proposals span 16 product categories, including display modules, capacitors, connectors, lithium-ion cells, resistors, inductors, and advanced supply chain components such as laminates, metallised films, and rare earth permanent magnets. Notably, this tranche marks the first-time inclusion of emerging and critical segments like flexible printed circuit boards (PCBs) and rare earth magnets which are key to deepening India’s upstream capabilities.
Ashwini Vaishnaw, Union Minister of Electronics and IT, stated: “India is decisively moving up the electronics value chain. With ECMS, we are not just expanding manufacturing, we are building core component capabilities that will define global competitiveness. These approvals reflect our commitment to scale, quality, and technological leadership, and will firmly position India as a trusted hub for advanced electronics manufacturing.”
The minister also reiterated that the industry should work on building indigenous design capabilities, achieving Six Sigma standards, workforce training, and local sourcing.
The approvals include participation from leading global and domestic players such as Dixon Technologies, VVDN Technologies, TDK India, Vishay Components, Syrma Strategic Electronics, Molex India, and Lohum Cleantech, among others. Their involvement reflects growing confidence in India as a reliable manufacturing destination and a key player in global supply chains.
S. Krishnan, Secretary, Ministry of Electronics & IT, said: “ECMS is driving a structural transformation in India’s electronics ecosystem. With each tranche, we are systematically closing critical gaps in the value chain, enabling higher domestic value addition and building a future-ready, resilient manufacturing base.”
Speaking at the event, Pankaj Mohindroo, Chairman, ICEA, said: “We sincerely thank the Hon’ble Minister for enhancing the outlay under the Electronics Component Manufacturing Scheme (ECMS), which reflects the Government’s strong commitment to building a robust electronics ecosystem in India. A calibrated reopening of the scheme will be important to further build critical component capabilities and deepen domestic value addition.
Mohindroo affirmed that ICEA will work in close coordination with industry stakeholders to deliver on the Hon’ble Minister’s vision through a focused and integrated approach to building a strong indigenous design ecosystem, achieving global quality standards, and advancing self-reliance in electronics manufacturing. “Industry must rise to this opportunity with a renewed sense of purpose and scale. With sustained policy support and a clear strategic direction, we are confident of creating a globally competitive and resilient components ecosystem that will decisively accelerate India’s emergence as a leading electronics manufacturing hub,” he stated.
ICEA is also committed to organise buyer-seller meets on regular basis to facilitate sourcing needs of the industry as strengthening local sourcing is critical to building a resilient and globally competitive electronics manufacturing ecosystem. It will further enable the development of indigenous capabilities across the value chain, from components to design. A strong local sourcing framework will be instrumental in positioning India as a trusted global manufacturing hub.
Overall, the latest ECMS approvals signal a structural shift in India’s electronics landscape, moving beyond assembly to high-value component manufacturing. As the country advances towards its vision of a $500 billion electronics ecosystem, initiatives like ECMS are laying the foundation for long-term competitiveness, resilience, and global leadership.
Source: PIB
