New Delhi: The Government of India has approved 75 applications under the Electronics Components Manufacturing Scheme (ECMS), marking a major boost to the country’s electronics manufacturing sector.
Originally, the scheme aimed to attract investments worth ₹59,350 crore. However, approvals have already surpassed this target, reaching ₹61,671 crore, reflecting strong interest from both domestic and international companies.
The ECMS is designed to strengthen India’s capabilities in manufacturing key electronic components and reduce dependence on imports. It also seeks to position the country as a global hub for electronics production by encouraging large-scale investments and building a robust supply chain.
In terms of output, the scheme had set a production target of ₹4.56 lakh crore. Current approvals are expected to generate production close to ₹4.51 lakh crore, indicating that the initiative is on track to meet its goals.
Several leading companies have committed significant investments under the scheme. Dixon Display plans to invest ₹1,100 crore in display module sub-assemblies, while Syrma Strategic Electronics will invest ₹588 crore in laminates and flexible PCBs. Munoth Lithium Battery Pvt. Ltd. is set to invest ₹500 crore in Andhra Pradesh.
Other firms such as Vikas Components India, Wangda, O/E/N India Ltd., BG Electricals and Electronics, and Terminal Technologies have also announced investments across various electronic components. Additionally, companies like Lohum Cleantech, ASM Technologies, Indo-MIM Ltd., and Bharat FIH are contributing substantial capital to expand manufacturing capacity.
According to the Ministry of Electronics and IT, these investments are expected to enhance domestic production, create employment opportunities, and strengthen India’s position in the global electronics value chain.
The ECMS initiative highlights the government’s continued focus on building a self-reliant and globally competitive electronics industry.
