Union Information Technology Minister Ashwini Vaishnaw announced approvals for seventy-five electronics projects worth Rs 61,000 crore under the Electronics Component Manufacturing Scheme. The program aims to boost domestic production of chips, components, and related hardware.
ECMS incentives target capital expenditure and manufacturing scale in segments where India remains import dependent. Approved projects span fabs, assembly units, and component ecosystems across multiple states.
Global supply-chain reconfiguration after pandemic-era shortages encouraged localisation policies. Electronics manufacturing ties into broader semiconductor and mobile-device production goals.
Implementation milestones include land allocation, technology partnerships, and export competitiveness tests. Ministry officials said the project batch represents a significant step toward reducing reliance on foreign component imports.
The seventy-five approved ventures under ECMS collectively account for Rs 61,000 crore of planned investment in India’s electronics supply chain.
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Sources:
https://www.newsonair.gov.in/category/national/page/9/?lang=en