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India's Electronics Boom: 7 New Projects Worth ₹5,532 Crore Approved

India has approved seven new electronics component projects under the ECMS scheme. These projects represent an investment of ₹5,532 crore and are expected to create over 5,000 new jobs. The initiative focuses on manufacturing critical components for smartphones, automobiles, and medical devices. This marks another significant step in strengthening India's domestic electronics value chain.

Key Points: Seven Electronics Component Projects Approved Under ECMS Scheme

  • Seven projects approved under Electronics Component Manufacturing Scheme worth ₹5,532 crore
  • Expected to create 5,195 new jobs across multiple states
  • Will generate ₹44,406 crore in output for electronics sector
  • Focuses on critical components for smartphones, automobiles, and medical devices
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Seven electronics component projects worth Rs 5,532 crore approved under ECMS, Set to create more than 5 thousand new jobs

Seven electronics component projects worth ₹5,532 crore approved under ECMS, set to create over 5,000 jobs and boost domestic manufacturing across key sectors.

"These projects will support large-scale manufacturing of critical components and materials - Government Release"

New Delhi, October 27

Seven new projects worth Rs 5,532 crore have been approved under the Electronics Component Manufacturing Scheme (ECMS), marking another major step in India's growing electronics manufacturing industry. According to a government release, these projects are expected to generate Rs 44,406 crore in output and create 5,195 new jobs across the country.

The approval, announced by Union Minister Ashwini Vaishnaw, highlights the government's continued focus on strengthening India's domestic electronics value chain. The projects will support large-scale manufacturing of critical components and materials needed for sectors such as smartphones, automobiles, telecommunications, and medical devices.

Launched on April 8, with an outlay of Rs 22,919 crore, the ECMS aims to build a self-sustaining ecosystem for electronics component manufacturing. It is designed to attract both Indian and global investors and promote higher domestic value addition as well as enhance India's role in the global electronics trade. The scheme's tenure is six years, with an additional one-year gestation period, the release said.

As of September 30, investment commitments under the ECMS have reached Rs 1.15 lakh crore, nearly twice the original target of Rs 59,350 crore. The government estimates that the scheme will generate production worth Rs 10.34 lakh crore and create 1.41 lakh direct jobs, far exceeding the initial projections. The incentive outlay is expected to be Rs 41,468 crore, nearly 1.8 times higher than the original estimate.

The first set of approved projects covers high-value components such as camera module sub-assemblies, multi-layer printed circuit boards (PCBs), high-density interconnect PCBs, copper clad laminates, and polypropylene films. These components are vital for devices used in communication, transport, defence, and healthcare. The projects will be spread across Tamil Nadu, Andhra Pradesh, and Madhya Pradesh, reflecting the government's effort to create regional manufacturing clusters.

India's electronics sector has shown remarkable growth over the past decade. Electronics have become the country's third-largest export category in 2024-25, moving up from seventh place in 2021-22. The sector's production rose from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, while exports jumped from Rs 38,000 crore to Rs 3.27 lakh crore in the same period.

The rapid growth of mobile phone manufacturing has been a major contributor, with production increasing 28 times to Rs 5.45 lakh crore in 2024-25.

- ANI

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Reader Comments

R
Rohit P
Great to see the projects spread across Tamil Nadu, Andhra Pradesh, and Madhya Pradesh. Regional development is crucial for balanced growth. Hope these jobs reach local youth and not just skilled professionals from metros.
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Arjun K
While the numbers look impressive, I hope the government ensures proper implementation and monitoring. We've seen many schemes with big promises but poor execution on ground. The real test will be when these factories actually start production.
S
Sarah B
As someone working in the electronics industry, this is very encouraging. The focus on critical components like PCBs and camera modules will reduce our dependency on imports. Hope this leads to better career opportunities for engineering graduates.
V
Vikram M
Mobile phone production increasing 28 times! That's incredible growth. Now with component manufacturing getting boost, we can truly become global electronics hub. Need to focus on quality and innovation too, not just quantity.
K
Kavya N
Hope these projects include proper skill development programs. Many manufacturing units struggle to find trained workforce. Government should collaborate with local ITIs and engineering colleges to create industry-ready talent.

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