The Indian government has approved 29 new electronics component projects under its Electronics Component Manufacturing Scheme (ECMS), totaling ₹7,104 crore in investment. The move is aimed at boosting domestic manufacturing, reducing reliance on imports, and creating jobs across the electronics sector.
According to the Ministry of Electronics and Information Technology (MeitY), these projects are expected to generate over 14,000 direct jobs, spanning factory operations, engineering, and technical roles. Officials also estimate that the combined output from these projects could reach around ₹84,500 crore over their lifetime, producing vital components like printed circuit boards, sub-assemblies, and connectors for everything from smartphones and IT hardware to industrial electronics.
This round marks the fourth tranche of approvals under the ECMS, bringing the total number of sanctioned projects to 75. The scheme encourages both domestic and global manufacturers to invest in India, offering financial incentives and policy support for setting up or expanding production facilities.
Government officials see the initiative as a key part of broader efforts such as “Make in India” and Atmanirbhar Bharat, aimed at building a self-reliant electronics ecosystem that can meet growing domestic and international demand. Industry experts say the focus on component manufacturing, rather than just assembly, is crucial for India to capture more value in the global electronics supply chain.
With these new projects, the government hopes to strengthen India’s electronics industry, generate employment, and ensure a steady supply of critical components for emerging technologies.
