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  • Electronics Component Manufacturing Scheme: 29 New Projects Approved; ₹7,104 Crore Investment Cleared

    Electronics Component Manufacturing Scheme

    New Delhi: The Electronics Component Manufacturing Scheme continues to gain momentum as the Government of India has approved 29 additional proposals under the Electronics Component Manufacturing Scheme (ECMS), further strengthening the country’s electronics manufacturing ecosystem.

    These approvals, with a projected investment of ₹7,104 crore, are expected to generate 14,246 direct employment opportunities.

    The latest approvals under the Electronics Component Manufacturing Scheme follow the earlier clearance of 46 applications worth ₹54,567 crore.

    With these additions, the scheme continues to expand its scope, targeting deeper domestic value addition and supply chain resilience.

    According to the Ministry of Electronics and Information Technology (MeitY), the newly approved proposals are projected to generate production worth ₹84,515 crore.

    The approvals under the Electronics Component Manufacturing Scheme span 16 products with cross-sectoral applications, including mobile manufacturing, telecom, consumer electronics, automotive, IT hardware, and strategic electronics.

    Also Read: DLI-Backed Vervesemi Microelectronics Raises ₹90 Crore Series A Funding

    Key Product Categories Approved Under ECMS

    The approved proposals under the Electronics Component Manufacturing Scheme include:
    • Sub-assemblies: Display Modules
    • Bare Components: Antennas, Capacitors, Connectors, Heat Sinks, Li-ion Cells, Relays, Resistors, Transducers, SMD Passives, Flexible PCB, Inductors
    • Supply Chain Items: Laminates, Metallized Films for Capacitors, Rare Earth Permanent Magnets
    • Capital Goods and Parts

    Notably, the Electronics Component Manufacturing Scheme has facilitated the establishment of:

    • India’s first SMD passive plant for tantalum-based capacitors
    • The first flexible PCB manufacturing plant
    • The first Rare Earth Permanent Magnet facility

    These developments mark a critical step in building indigenous capabilities in advanced electronics manufacturing.

    Government’s Strategic Focus Areas

    Speaking on the occasion, Union Minister Ashwini Vaishnaw emphasized four key priorities to strengthen outcomes under the Electronics Component Manufacturing Scheme:

    • In-house Design Capabilities: Encouraging companies to build or collaborate for stronger design ecosystems within India
    • Domestic Supply Chain Development: Promoting buyer-seller ecosystems and supporting indigenous capital equipment manufacturers
    • Quality Enhancement: Adoption of Six Sigma practices for global competitiveness
    • Workforce Development: Establishing 4–5 training centres with capacity to train at least 5,000 individuals each

    These focus areas aim to ensure that the Electronics Component Manufacturing Scheme delivers long-term competitiveness and sustainability.

    Industry and Government Perspectives

    S. Krishnan, Secretary, MeitY, noted that the Electronics Component Manufacturing Scheme has witnessed strong industry interest, complemented by swift government approvals. He urged stakeholders to match this pace with rapid implementation and leverage emerging opportunities, especially in upstream supply chains and capital equipment.

    Pankaj Mahindroo, Chairman of the India Cellular & Electronics Association (ICEA), welcomed the increased allocation of ₹40,000 crore for the Electronics Component Manufacturing Scheme in the Union Budget. He highlighted that the success of the PLI scheme in mobile manufacturing has further strengthened confidence in ECMS.

    Also Read: Electronics Manufacturing in India Expands Sixfold in 11 Years, Mobile Production Surges

    Companies Approved Under the Scheme

    The latest approvals under the Electronics Component Manufacturing Scheme include:

    • Display Modules: Dixon Display Technologies Pvt. Ltd., Wangda Technologies Pvt. Ltd.
    • Components Manufacturing: VVDN Technologies Pvt. Ltd., Molex India Pvt. Ltd., Terminal Technologies, SFO Technologies India Pvt. Ltd., Amphenol FCI India Pvt. Ltd., O/E/N India Ltd., Permanent Magnets Ltd., BG Electrical and Electronics India Ltd., Vishay Components India Pvt. Ltd., Munoth Lithium Battery Pvt. Ltd., Vishay Precision Transducers India Pvt. Ltd., TDK India Pvt. Ltd., Syrma Strategic Electronics Pvt. Ltd.
    • Supply Chain Products: Syrma Components Pvt. Ltd., Ratnaveer Precision Engineering Ltd., Dhruv Industries Ltd., Lohum Cleantech Pvt. Ltd.
    • Capital Equipment: Titan Engineering & Automation Ltd., NeST Advanced Technology Development Centre Pvt. Ltd., ASM Technologies Ltd., Indo-MIM Ltd., Bharat FIH Ltd., IFB Industries Ltd.

    These approvals further deepen the ecosystem supported by the Electronics Component Manufacturing Scheme, especially in high-value and upstream segments.

    Strengthening India’s Electronics Manufacturing Ecosystem

    The Electronics Component Manufacturing Scheme is expected to significantly enhance domestic value addition by reducing reliance on imports of critical electronic components and fostering advanced manufacturing capabilities.

    With the latest approvals, a total of 75 applications have been cleared under the Electronics Component Manufacturing Scheme, translating into an expected investment of ₹61,671 crore and direct employment for 65,040 individuals.

    The continued expansion of the Electronics Component Manufacturing Scheme aligns with the government’s broader vision of positioning India as a global hub for electronics manufacturing.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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