India has approved 31 new electronics manufacturing proposals under the ECMS scheme, bringing total investments to over Rs 69,000 crore and reinforcing its push to localise component production and reduce import dependence.
India has cleared 31 more electronics manufacturing proposals under its Electronics Component Manufacturing Scheme, or ECMS, committing Rs 7,877 crore in fresh investment and lifting total approvals across five tranches to 106. According to The Economic Times, the latest round takes cumulative investment under the scheme to more than Rs 69,000 crore.
Union electronics and IT minister Ashwini Vaishnaw said the programme has already moved beyond its original private investment target of Rs 59,000 crore. Speaking at the award of approval certificates, he said: “When we made the Electronic Components Scheme, the manufacturing scheme, we kept a target of Rs 59,000 crore. I am so glad the scheme has already achieved Rs 69,000 crore investment. Private investment is happening now, and it is coming in very crucial sectors.”
The approvals add to earlier tranches that have steadily widened the policy push to localise component production. The Economic Times reported in December that 22 proposals had been cleared under the related electronics components production-linked incentive scheme, with expected investment of Rs 41,863 crore from companies including Dixon, Samsung Display Noida, Foxconn’s Yuzhan Technology India, Hindalco, Tata Electronics, Amara Raja-ATL, Motherson and Vital Electronics. Industry briefings and a government release earlier this year said seven ECMS projects alone were backed with Rs 5,532 crore in investment, expected to generate Rs 44,406 crore in output and more than 5,000 jobs.
Taken together, the approvals indicate that India is trying to move beyond final assembly and deepen its domestic supply chain for parts such as display modules, batteries, printed circuit boards and other key components. That shift matters because component imports remain a structural weakness in the electronics sector, even as the country has become a major manufacturing base for finished devices.
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