New Delhi, India
The Ministry of Electronics and Information Technology (MeitY) has approved 31 fresh proposals under the Electronics Components Manufacturing Scheme (ECMS), involving investment of ₹7,877 crore, IT Secretary S Krishnan announced at an event jointly organised by MeitY and the Electronics Industries Association (Elcina). The latest approvals take the scheme’s cumulative total to 106 applications since its launch.
The newly approved projects span 10 states and are expected to generate production worth ₹82,243 crore and create close to 10,000 jobs. The ₹7,877 crore figure includes ₹6,844 crore across the 31 new project proposals, plus a ₹1,033 crore capacity expansion approved for existing beneficiary Wipro Global, which had earlier been cleared for copper-clad laminate manufacturing.
What’s Being Manufactured
Krishnan said the latest approvals cover a broad range of components, including capital goods, camera and display modules, anode materials, enclosures, connectors, transducers, rare-earth permanent magnets, optical transceivers, speakers and microphones, relays, hermetic terminals, electrolyte additives, antennas, metallised films for capacitors, coils, filters, capacitors and metal shielding covers. Capital goods led the latest allocation, with five approved applications accounting for ₹1,451 crore of the total.
With this round, the government has now cleared 106 applications covering around 30 product categories across 15 states over the scheme’s lifetime.
Scheme Has Exceeded Its Original Targets
The cumulative figures show the ECMS running well ahead of its initial goals. Total approved investment under the scheme has reached ₹69,548 crore, above the scheme’s original target of ₹59,350 crore. Projected production from approved projects now stands at ₹5,34,101 crore, compared with an original target of ₹4,56,500 crore. Employment generation, however, remains below target, the scheme has created 74,628 jobs against a target of 91,600 so far, though Krishnan said the government expects to close that gap shortly.
The ECMS was notified in April 2025 with an initial outlay of ₹22,919 crore and a six-year tenure. The Union Budget 2026-27 raised that outlay to ₹40,000 crore, reflecting the government’s decision to expand the scheme’s scope as industry demand outpaced original projections. Applications under categories that remain open will continue to be accepted until July 2027, with MeitY reportedly holding approval meetings roughly every week to ten days in response to strong industry interest.
Why Components, Not Just Assembly
Union IT Minister Ashwini Vaishnaw has previously described the scheme’s intent as moving India’s electronics sector beyond assembly and into domestic manufacturing of the components and sub-assemblies that sit underneath finished products, camera modules, PCBs, connectors, oscillators, optical transceivers and similar items that rarely make headlines individually but collectively determine how much of a device’s value is actually captured domestically.
The components covered under ECMS span applications well beyond consumer electronics, including smartphones, IT hardware, wearables, telecom, EVs, industrial electronics, defence, medical electronics and renewable energy, positioning the scheme as infrastructure for multiple manufacturing sectors rather than a single vertical.
Context
India’s electronics sector has become one of the country’s fastest-growing export categories, according to the Economic Survey 2025-26, electronics rose to become the country’s third-largest export category in 2024-25, up from seventh position in 2021-22. The government has set a broader target of building a $500 billion domestic electronics manufacturing ecosystem by 2030-31, with component manufacturing under ECMS positioned as a foundational layer for that goal.
The scheme’s approval pace has accelerated through 2025 and 2026: the first tranche of seven applications worth ₹5,532 crore was approved in October 2025, followed by a second tranche of 17 projects worth ₹7,172 crore, a third tranche of 22 proposals worth ₹41,863 crore including approvals for Dixon, Samsung Display, Foxconn and Hindalco, and a further batch of 29 applications worth ₹7,104 crore in March 2026, before this latest round of 31 approvals.
What Comes Next
MeitY has indicated that several ECMS-approved projects have already moved into implementation, though the government has not yet published detailed operational timelines for the newly approved batch. The scheme’s application window for open categories remains active until July 2027, suggesting further approval rounds are likely as more manufacturers apply.
About ECMS: The Electronics Components Manufacturing Scheme was notified by the Ministry of Electronics and Information Technology on April 8, 2025, to build a domestic electronics component supply chain and integrate Indian manufacturers with global electronics value chains, offering turnover-linked, capital-expenditure and hybrid incentive structures.