New Delhi, January 2 (IANS). The government on Friday approved 22 projects under the Electronics Component Manufacturing Scheme (ECMS). These projects are expected to generate investment of about Rs 41,863 crore and more than 37,000 direct and indirect employment opportunities.
These new projects will strengthen the country’s position in the electronics component supply chain and reduce dependence on imports.
The output of the 22 projects approved is expected to be Rs 2.58 lakh crore and the projects that have been approved include Dixon, Samsung Display Noida Pvt Ltd, Foxconn’s Yuzhan Technology India Pvt Ltd and Hindalco Industries.
This new approval is in addition to the 24 applications in which an investment of Rs 12,704 crore was made.
According to the Ministry of Electronics and Information Technology, this round of approvals includes manufacturing operations in 11 sectors including mobile phones, telecom, consumer electronics, strategic electronics, automotive and IT hardware. These projects will be set up in eight states including Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh and Rajasthan.
Industry leaders welcomed the move, saying the success of the ECMS scheme marks a decisive shift from India’s intention to implementation in electronics manufacturing.
Ashok Chandak, President, IESA and SEMI India, said, “By the end of 2025, India has earned global confidence as a reliable and investable ESDM destination. ECMS is a game changer as a strong ecosystem requires components, materials and electronics value addition, not just semiconductors.”
The next phase will focus on scaling up production, building strong design teams, sourcing locally and ensuring world-class quality in the products manufactured.
“OEMs and system companies should actively adopt Made-in-India components, as demand creation is as important as supply creation. Distributors play a vital role in delivering Indian components across India and into global supply chains,” he said.
To further strengthen the value chain, the government has launched the ECMS scheme in 2025.
The scheme focuses on promoting domestic manufacturing of printed circuit boards, electrical and mechanical components, camera modules etc.
India has emerged as a significant electronics manufacturer and as a result of strong policy efforts, electronics manufacturing has grown almost six times in the last 11 years from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25.
–IANS
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