New Delhi, Jan 2 (NationPress) On Friday, the government greenlit 22 new initiatives under the Electronics Components Manufacturing Scheme (ECMS), expected to attract investments totaling Rs 41,863 crore and create approximately 37,000 direct and indirect jobs. This strategic decision aims to bolster domestic supply chains and minimize reliance on imports for essential electronic components.

The output from these 22 sanctioned projects is anticipated to reach Rs 2.58 lakh crore. Notable companies involved in these approved proposals include Dixon, Samsung Display Noida Pvt Ltd, Foxconn’s Yuzhan Technology India Pvt Ltd, and Hindalco Industries.

This latest approval adds to the 24 applications previously accepted, which involved a total investment of Rs 12,704 crore.

The Ministry of Electronics and Information Technology (MeitY) indicates that this batch of approvals encompasses manufacturing across 11 segments, with applications covering mobile phones, telecom, consumer electronics, strategic electronics, automotive, and IT hardware. These projects will be distributed across eight states: Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan.

Industry leaders have applauded this decision, asserting that the success of the ECMS initiative signifies India’s pivotal transition from plans to action in electronics manufacturing.

“By the end of 2025, India will have established itself as a trusted and investable destination for ESDM. The ECMS initiative is transformative because it lays the groundwork for a robust ecosystem that requires not only semiconductors but also components, materials, and added value in electronics,” stated Ashok Chandak, President of IESA and SEMI India.

The forthcoming phase must prioritize scaling operations, developing strong design teams, sourcing locally, and ensuring top-notch quality in manufactured goods.

“Original Equipment Manufacturers (OEMs) and system companies must proactively embrace Made-in-India components, as generating demand is as crucial as supply creation. Distributors are vital market facilitators in promoting Indian components both domestically and globally,” he emphasized.

To deepen the value chain further, the government initiated the ECMS scheme in 2025.

This scheme aims to enhance domestic manufacturing of Printed Circuit Boards, electrical and mechanical components, camera modules, and more.

India has made significant strides as an electronics manufacturer, and due to substantial policy efforts, electronics manufacturing has surged nearly sixfold in the past 11 years, increasing from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25.