The Electronics Components Manufacturing Scheme (ECMS) has received applications worth ₹1,15,351 crore in proposed investments, nearly double the initial target of ₹59,350 crore. Approved by the Union Cabinet on May 1, 2025, with a financial outlay of ₹22,919 crore, the scheme aims to boost self-reliance in electronics manufacturing and strengthen India’s position as a global hub.
A total of 249 applications have been received from domestic and international industry leaders. The response reflects strong interest from large firms as well as MSMEs in building capacity within India. The estimated production of electronics components under ECMS over the next six years is projected at ₹10,34,700 crore, which is 2.2 times the initial target of ₹4,56,000 crore.
The scheme is expected to generate 1,42,000 direct jobs, significantly higher than the original target of 91,600. In addition, indirect employment is projected to increase substantially, supporting the wider ecosystem of suppliers, logistics, and allied services. Union Minister Ashwini Vaishnaw called the response a “golden opportunity” for states to develop frameworks that attract more investments in electronics manufacturing.
Speaking at Electronics Niketan in New Delhi, the minister said the scheme builds upon earlier initiatives such as the Electronics Manufacturing Clusters (EMC), SPECS, and the Production Linked Incentive (PLI) schemes for mobile phones and IT hardware. Together, these programmes are designed to achieve the government’s vision of a $500 billion domestic electronics manufacturing ecosystem by 2030–31.
He added that each successive scheme has deepened India’s electronics value chain, with ECMS now completing the integration needed to make India a comprehensive global manufacturing hub.
S. Krishnan, Secretary of the Ministry of Electronics and Information Technology, explained that the mission is to increase domestic value addition in electronics manufacturing and subsequently integrate with global value chains. The ministry also applauded industry participants for their confidence in India’s policy stability and competitive strengths.
The application window was initially open for three months from May 1, 2025, before being extended to September 30, 2025. The ministry has already initiated the approval process for eligible applicants. Approved projects are expected to contribute to employment, value addition, and infrastructure development across the sector.
Read More: Indian Electronics Exports Soar to $40 Billion
The Electronics Components Manufacturing Scheme has received investment commitments far exceeding initial projections. With a six-year horizon, the initiative is set to strengthen India’s electronics ecosystem, create jobs, and enhance domestic value chains. By attracting ₹1.15 lakh crore in applications, the scheme underscores growing global confidence in India as a competitive manufacturing destination.
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Published on: Oct 3, 2025, 4:29 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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