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Centre Set to Approve Fresh ECMS Proposals with Investments of ₹11,150 Crore

Written by: Team Angel OneUpdated on: 5 Feb 2026, 5:47 pm IST
Government may soon clear five to seven ECMS proposals worth about ₹11,150 crore, with projects to start production in 2026.
Centre Set to Approve Fresh ECMS Proposals with Investments of ₹11,150 Crore
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The Ministry of Electronics and Information Technology (MeitY) is likely to clear five to seven more proposals under the Electronics Component Manufacturing Scheme (ECMS). As per news reports, officials said the projects could bring in investments of about ₹11,150 crore. 

The units are expected to start operations in 2026. Production from these projects is estimated at up to ₹29,000 crore, with around 19,000 direct jobs likely to be created. 

Fund Utilisation Under the Scheme 

With the proposed approvals, officials indicated that close to 80-85% of the ECMS outlay would be committed. The scheme was introduced in April 2025 to support local production of electronic components. 

Additional proposals may be considered as new applications come in. 

Components to be Manufactured 

The upcoming units are expected to cover a range of components. These include printed circuit boards, lithium-ion cells, optical transceivers, aluminium extrusions, anode materials, and copper-clad laminates. 

These components are used in products such as mobile phones, laptops, televisions, servers, and computer displays. 

Approvals Cleared So Far 

Since the launch of the scheme, MeitY has approved 46 projects across 11 states. The approved proposals involve investments totalling ₹54,567 crore. 

They are estimated to generate production worth ₹3.67 trillion and create nearly 51,000 direct jobs. The projects cover segments such as connectors, capacitors, enclosures, camera modules, and display modules. 

Budget Outlay and Sector Data 

In the Union Budget for FY27, the ECMS allocation was increased to ₹40,000 crore from the earlier ₹22,919 crore. 

India’s electronics production in 2024-25 was about ₹11 trillion, with exports accounting for ₹3.27 trillion. Over the 6-year tenure of the scheme, direct employment of around 141,801 people is projected. 

Read More: GeM Portal Procurement Crosses ₹4 Lakh Crore This Fiscal, MSMEs Receive 45% Of Orders! 

Conclusion 

The next set of approvals is expected to add to investment and production under the ECMS. The scheme continues to expand component manufacturing across different electronics segments. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 5, 2026, 12:17 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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