HomeElectronicsCentre Clears ₹5,532 Crore Investment for Seven Electronics Manufacturing Projects

    Centre Clears ₹5,532 Crore Investment for Seven Electronics Manufacturing Projects

    In a significant effort to enhance India’s electronics ecosystem, the Union Government has cleared investment of ₹5,532 crore for seven projects under the Electronics Components Manufacturing Scheme (ECMS). The initiative is to further India’s transition from assembling imported components to manufacturing core electronic materials and parts within the country.

    Union Electronics and IT Minister Ashwini Vaishnaw announced that the projects are a “transformational step” towards developing a self-reliant and innovation-led electronics manufacturing ecosystem.

    The projects cleared recently distributed across Tamil Nadu (5 units), Andhra Pradesh (1 unit), and Madhya Pradesh (1 unit) will create over ₹36,000 crore worth of component production and generate over 5,000 direct employment opportunities.

    The ECMS will facilitate local manufacturing of key components like Multi-Layer and HDI PCBs, Camera Modules, Copper Clad Laminates (CCL), and Polypropylene Films. These components form the backbone of thousands of diverse products, ranging from smartphones and electric vehicles to medical devices and defence technology.

    The cleared projects will satisfy some 20% of India’s domestic demand for PCBs and 15% of its camera module needs, while the production of CCLs will be entirely localized, with 60% of the output being export-focused.

    The ECMS initiative has drawn a strong response from industry players, with 249 applications already submitted, signaling robust interest in the program. Combined, they amount to potential investments of ₹1.15 lakh crore, production value of ₹10.34 lakh crore, and 1.42 lakh job opportunities the largest-ever pledge in India’s electronics industry.

    The program is likely to sharply reduce import dependence, improve supply chain resilience, and attract high-skill employment in manufacturing and R&D. The components produced under ECMS will help feed key industries like defence, telecommunication, renewable energy, and electric vehicles.

    Vaishnaw highlighted that ECMS synergizes with flagships such as the Production Linked Incentive (PLI) scheme and the India Semiconductor Mission (ISM).

    “India is transforming from being an assembling country to a product country designing, producing, and exporting sophisticated electronic gear. ECMS fills the critical gap between devices and components and manufacturing and innovation,” he added.

    With this approval, India makes another decisive step towards becoming a world electronics manufacturing hub, driven by indigenous innovation, large-scale investment, and increasing self-reliance.

    Related News

    Must Read

    STMicroelectronics recognised as a Top 100 Global Innovator 2026

    Clarivate's list ranks the organisations leading the way...

    Aimtron Electronics acquires US-based ESDM and ODM company to expand global footprint

    Acquisition adds USD 17 million current revenue...

    Microchip Introduces 600V Gate Driver Family for High-Voltage Power Management Applications

    To meet the demanding needs of high-voltage power management...

    From Power Grids to EV Motors: Industry Flags Key Budget 2026 Priorities for India’s Next Growth Phase

    As India approaches Union Budget 2026–27, multiple industrial sectors—from...

    India’s Next Big Concern in the AI Era: Cybersecurity for Budget 2026

    Artificial Intelligence (AI), like any other technology, comes with...

    Anritsu Unveils Visionary 6G Solutions at MWC 2026

    ANRITSU CORPORATION showcases next-generation wireless solutions at MWC 2026...

    CEA-Leti Advances Silicon-Integrated Quantum Cascade Lasers for Mid-Infrared Photonics

    CEA-Leti presented new research at SPIE Photonics West highlighting major...

    How A Real-World Problem Turned Into Research Impact at IIIT-H

    The idea for a low-cost UPS monitoring system at...