Is Haryana Becoming the Next Electronics Manufacturing Hub?
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Synopsis
Haryana is on the verge of transformation as it aims to become a prominent electronics manufacturing hub. With initiatives under the Electronics Component Manufacturing Scheme, the state plans to unveil incentives to attract investors, create jobs, and enhance its position in the global electronics sector.
Key Takeaways
- Haryana is positioning itself as a key electronics manufacturing hub.
- Incentives under the ECMS aim to attract significant investments.
- The ESDM Policy includes support for green energy projects.
- Haryana's contribution to electronics exports is growing.
- New job opportunities are expected from these initiatives.
Chandigarh, Oct 24 (NationPress) Haryana is making significant strides to position itself as a premier electronics manufacturing hub by diligently pursuing investments through the Electronics Component Manufacturing Scheme (ECMS) initiated by the Union government.
The state is set to unveil a series of incentives under its Electronics System Design and Manufacturing (ESDM) Policy, aimed at providing a comprehensive array of fiscal and non-fiscal benefits to entice investors.
In this regard, Chief Secretary Anurag Rastogi convened a high-level meeting on Friday to assess strategies for establishing electronic component manufacturing facilities in the state and to promote the growth of the sector's ecosystem.
The Chief Secretary highlighted that the primary goal of this initiative is to attract substantial investments, generate job opportunities, and enhance the state's integration within the global electronics value chain.
He pointed out that despite India's impressive domestic electronic production growth, which stands at a compound annual growth rate (CAGR) of 17 percent since FY 15, the design and component manufacturing landscape is still in its infancy.
Currently, Haryana accounts for approximately 2.9 percent ($0.8 billion) of India's total electronics exports and supports around 1.3 million jobs in the industry. Rastogi stressed that Haryana has tremendous potential to increase this contribution through targeted policy support, strategic investor outreach, and the development of essential infrastructure like the Electronics Manufacturing Cluster at IMT Sohna.
The proposed new ESDM Policy outlines incentives such as reimbursement for capital and operational expenses, including costs associated with green energy initiatives, technology acquisition, and support for capacity building as well as research and development.
Amit Kumar Agrawal, Secretary of Industries and Commerce, noted that the Government of India’s ECMS offers various incentive options, encompassing turnover-linked and capital investment-based benefits ranging from 1 to 25 percent.
To further bolster this, Haryana is considering additional top-up incentives similar to those provided by other progressive states like Andhra Pradesh, Gujarat, and Uttar Pradesh, thereby enhancing its attractiveness to ECMS-approved investors.
Point of View
Haryana's efforts to emerge as an electronics manufacturing hub reflect a strategic response to the growing demand for electronic components and the need for job creation. The initiatives under the ECMS could significantly enhance the region's economic landscape, aligning with India's vision to strengthen its manufacturing capabilities in the electronics sector.
NationPress
24/10/2025
Frequently Asked Questions
What is the Electronics Component Manufacturing Scheme?
The Electronics Component Manufacturing Scheme (ECMS) is an initiative by the Union government aimed at promoting the manufacturing of electronic components in India by offering various incentives to attract investments.
What are the key incentives under the ESDM Policy?
The ESDM Policy offers incentives such as reimbursement for capital and operational expenses, support for green energy projects, and assistance for capacity building and research and development.
How much does Haryana contribute to India's electronics exports?
Haryana currently contributes approximately 2.9 percent, amounting to $0.8 billion, to India's total electronics exports.
What is the expected impact of these initiatives on employment?
These initiatives are expected to create significant job opportunities in the electronics sector, further integrating Haryana into the global electronics value chain.
What other states are providing similar incentives?
States like Andhra Pradesh, Gujarat, and Uttar Pradesh are also offering similar top-up incentives to attract investments in electronics manufacturing.
