The Government of India has approved 31 projects involving investments of ₹7,877 crore under the Electronics Component Manufacturing Scheme (ECMS), with the projects expected to drive production worth ₹82,243 crore and create nearly 10,000 jobs across 10 states.
The latest approvals cover a broad range of electronics components, including capital goods, camera and display modules, anode materials, enclosures, connectors, transducers, rare-earth permanent magnets, acetylene black, optical transceivers, speakers and microphones, relays, hermetic terminals, electrolyte additives, antennas, metallised films for capacitors, coils, filters, capacitors, metal shielding covers and copper clad laminates.
The approved projects include investments by Jyoti CNC Automation, SkyQuad Electronics & Appliances, Epsilon C2GR, Micromax Precision Moulding, TXB Optics, Quantum Magnetics, Sensata Technologies, PCBL Chemical, Rosenberger Interconnect and Amphenol Interconnect.
Wipro Global, which had previously received approval for a copper clad laminate project, has increased its proposed investment by ₹1,033 crore, taking the total investment to ₹1,401 crore.
With the latest approvals, the ECMS has now cleared 106 applications covering 30 product categories across 15 states. The cumulative investment committed under the scheme has reached ₹69,548 crore, surpassing the original investment target of ₹59,350 crore. The expected production from the approved projects has increased to ₹5,34,101 crore.
The expansion of electronics component manufacturing comes amid the rapid growth of India’s electronics industry. According to the Economic Survey 2025-26, electronics became India’s third-largest and fastest-growing export category in 2024-25, improving from seventh position in 2021-22. Electronics exports reached $22.2 billion during the first half of FY26.
The ECMS was introduced in April 2025 with an initial outlay of ₹22,919 crore, which was subsequently increased to ₹40,000 crore in the Union Budget 2026-27. India has set an objective of developing a $500 billion domestic electronics manufacturing ecosystem by 2030-31.
