INDIAN GOVT CLEARS ₹7,877 CRORE ECMS TRANCHE TO BOOST DOMESTIC ELECTRONIC COMPONENTS

 

Handing over project approvals under the Electronics Component Manufacturing Scheme, Union Ministers Ashwini Vaishnaw and Jitin Prasada emphasize precision, swadeshi supply chains, and high-value domestic manufacturing.

NEW DELHI:
In a major push to deepen India's domestic electronics manufacturing ecosystem, Union Minister for Electronics and Information Technology Ashwini Vaishnaw and Minister of State Jitin Prasada presided over an official event in New Delhi to hand over fresh project approvals under the flagship Electronics Component Manufacturing Scheme (ECMS). The Ministry of Electronics and Information Technology (MeitY) cleared a new tranche of 31 proposals involving a cumulative investment of ₹7,877 crore, bringing the overall tally under the scheme to 106 approved projects with a combined investment commitment crossing ₹69,000 crore. Speaking at the event, MoS Jitin Prasada highlighted the dramatic transformation over the past decade—noting that domestic electronics production has expanded sevenfold while exports have surged 11-fold—and stressed that long-term global competitiveness relies on precision, value addition, and uncompromising quality standards rather than mere assembly scale.

The latest round of approvals marks a critical strategic shift from finished-goods assembly to the high-tech production of bare components, capital goods, and sub-assemblies, including camera modules, display modules, electrolyte additives, and defense-grade hermetic terminals. With 38 plants under the ECMS already operational and another 16 in advanced construction stages, Minister Ashwini Vaishnaw reiterated the government's four core expectations from industry partners: building indigenous design capabilities, establishing a robust swadeshi supply chain, adhering to Six Sigma quality benchmarks, and investing heavily in workforce training. As India targets $500 billion in domestic electronics output by 2030, the ongoing ECMS expansion serves as a key pillar in securing supply chain autonomy and embedding domestic manufacturers into global value chains.