**Executive Summary**
On March 30, 2026, the Ministry of Electronics and Information Technology (MeitY) approved 29 new proposals under the Electronics Component Manufacturing Scheme (ECMS), projecting an investment of ₹7,104 crore. These approvals aim to generate 14,246 direct jobs and focus on strengthening domestic supply chains and in-house design capabilities. Key action items include the industry matching the government's approval speed with rapid implementation and the establishment of dedicated workforce training centers.
**Key Points / Main Content**
* **Scale and Financial Impact**
* 29 new proposals approved with a projected production value of ₹84,515 crore.
* Total ECMS approvals reached 75 applications, involving a cumulative investment of ₹61,671 crore and 65,040 expected jobs.
* The scheme's outlay has been enhanced to ₹40,000 crore in the latest Union Budget.
* **Product and Infrastructure Milestones**
* Approvals cover 16 products across sub-assemblies (Display Modules), 11 bare components (e.g., Li-ion cells, sensors), and 3 supply chain items.
* Establishment of India’s first SMD passive plant for Tantalum capacitors, first Flexible PCB plant, and first Rare Earth Permanent Magnet facility.
* Special emphasis on capital goods manufacturing with approvals granted to six specific entities.
* **Strategic Priority Areas**
* **In-house Design:** Encouraging internal development and collaborations with universities to capture deeper value within India.
* **Domestic Supply Chain:** Preference for indigenous capital equipment manufacturers to reduce import dependence.
* **Quality Standards:** Industry-wide implementation of Six Sigma quality programs to ensure global competitiveness.
* **Workforce Development:** Proposed establishment of 4–5 training centers, each capable of training 5,000 individuals to create a skilled manpower pipeline.
**Impact Analysis**
**Manufacturing Companies (Approved Entities)**
**Impact**
Selected companies (including Dixon, VVDN, Molex, and others) gain the authority and support to manufacture critical electronic components and sub-assemblies with a high projected production value.
**Action Required**
Entities are urged to match the government’s speed of approval with rapid project implementation and leverage the scheme to build resilient supply chains.
**Indigenous Capital Equipment Manufacturers**
**Impact**
These manufacturers stand to benefit from a suggested preference in the domestic supply chain, providing them with more opportunities to supply the electronics sector.
**Action Required**
Manufacturers must align their production with the four core priority areas, specifically focusing on quality and global standards.
**The Domestic Workforce**
**Impact**
The approvals are expected to generate 14,246 direct employment opportunities immediately, contributing to a total of 65,040 jobs under the overall scheme.
**Action Required**
Prospective workers will need to engage with the 4–5 proposed training centers to acquire the skills necessary for the evolving electronics manufacturing sector.
Key Entities Referenced
Electronics Component Manufacturing Scheme (ECMS): The primary government initiative aimed at incentivizing the domestic manufacturing of electronic components, sub-assemblies, and capital goods.
Ministry of Electronics and Information Technology (MeitY): The nodal ministry responsible for implementing the ECMS and approving investment proposals for the electronics manufacturing sector.
Production Linked Incentive (PLI) Scheme: A referenced central government program whose performance in mobile manufacturing has supported the expansion and confidence in electronic component manufacturing.
India Cellular & Electronics Association (ICEA): The industry body representing the electronics sector that welcomed the enhanced budget outlay for the manufacturing schemes.
Ministry of Electronics & IT
Government approves 29 more proposals under
the Electronics Component Manufacturing
Scheme (ECMS)
With projected investment of Rs 7,104 crore, these approvals
expected to generate 14,246 direct employment
opportunities
Union Minister Shri Ashwini Vaishnaw stresses on the need
for strong in-house design capabilities and robust domestic
supply chain
Posted On: 30 MAR 2026 7:17PM by PIB Delhi
In continuation to the approvals of 46 applications for Rs 54,567 crore announced earlier, Ministry of
Electronics and Information Technology (MeitY) has further approved 29 proposals under the
Electronics Components Manufacturing Scheme (ECMS) with projected investment of Rs 7,104 crore,
projected production of Rs 84,515 crore. These approvals are expected to generate 14,246 direct
employment opportunities.The current approvals include manufacturing 16 products, which have cross sectoral application such as
mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive and IT hardware
products. The details of 16 products are as follows:
1 sub-assemblies: Display Modules
11 bare components: Antennas, Capacitors, Connectors, Heat Sinks, Li-ion Cells, Relays, Resistors,
Transducers, SMD Passives, Flexible PCB and Inductors
3 supply chain items: Laminates, Metallized films for Capacitors and Rare Earth Permanent Magnets
Capital Goods and their parts
These approvals include country’s 1st SMD passive plant for Tantlum based capacitors, 1st Flexible PCB
plant and 1st Rare Earth Permanent Magnet facility.Speaking on this occasion, Union Minister for Electronics and Information Technology, Shri. Ashwini
Vaishnaw outlined four core priority areas for electronics manufacturing. First, he emphasized the need
to build strong in-house design capabilities, either independently or through collaborations with other
companies, universities, or institutions, to ensure deeper value capture within the country. Second, he
called for the development of a robust domestic supply chain, including through coordinated buyer-
seller arrangements, suggesting possible preference for indigenous capital equipment manufacturers, so
that domestic manufacturers get more opportunities. Third, he stressed the importance of implementing
Six Sigma quality programmes through industry-wide collaboration to ensure global competitiveness
and high standards. Fourth, he underscored the need for a structured workforce development initiative,
suggesting the establishment of 4–5 focused training centres, each with the capacity to train at least 5,000
individuals, to create a steady pipeline of skilled manpower for the sector.
Shri S. Krishnan, Secretary (MeitY) remarked that ECMS has seen one of the most successful launches,
invoking great interest from the industry that the government has matched with faster approvals. He said
that the government now expects the industry to match the same with speed of implementation. He
emphasized that opportunities remain open, particularly in capital equipment and upstream supply chains,
and urged stakeholders to leverage the scheme to build resilient, diversified supply chains, given the
present geopolitical situation.
Shri. Pankaj Mahindroo, Chairman, India Cellular & Electronics Association (ICEA) welcomed the
enhanced ECMS outlay in the latest Union Budget. He said that the announcement to increase ECMS
outlay to ₹40,000 crore, backed by the PLI scheme’s strong performance in mobile manufacturing, boosts
confidence in ECMS’s rapid growth.
In the sub-assembly category, approvals for manufacturing of Display Modules have been granted to Dixon
Display Technologies Pvt. Ltd. and Wangda Technologies Pvt. Ltd.
In the components category, approvals for manufacturing have been granted as below:
Antenna and Heat Sink to VVDN Technologies Pvt. Ltd.
Connectors to Molex (India) Pvt. Ltd., a global leader in electronic and fiber optic connectivity systems;
Terminal Technologies; SFO Technologies India Pvt. Ltd.; and Amphenol FCI India Pvt. Ltd., one of the
world's largest designers and manufacturers of high-technology interconnect.
Relays to O/E/N India Ltd.; Permanent Magnets Ltd; BG Electrical and Electronics India Ltd.; and SFO
Technologies India Pvt. Ltd.
Non-SMD & SMD Passive capacitors to Vishay Components India Pvt. Ltd., a premier global
manufacturer of discrete semiconductors and passive electronic components.Li-ion cell for digital applications to Munoth Lithium Battery Pvt. Ltd.
Resistors and Transducers to Vishay Precision Transducers India Pvt. Ltd.
Inductors to TDK India Pvt. Ltd., a major global manufacturer of electronic components and systems.
Flexible PCBs to Syrma Strategic Electronics Pvt. Ltd.
Further, to deepen the electronics manufacturing supply chain, approvals have also been given for
manufacturing of various supply chain products as below:
Laminate (Copper Clad) to Syrma Components Pvt. Ltd. and Ratnaveer Precision Engineering Ltd.
Laminate is base material for PCB manufacturing and constitutes a significant part (~30%) of the bill of
materials of PCB manufacturing.
Metallised film for capacitors to Dhruv Industries Ltd.
Rare Earth Permanent Magnets to Lohum Cleantech Pvt. Ltd. This is the 1st project for manufacturing of
Rare Earth Permanent Magnets from Rare Earth Oxide, marking a significant step towards developing
indigenous capabilities in advanced materials.
Furthermore, today’s approvals witnessed special emphasis on developing manufacturing capability in
capital equipment. Approvals were granted to 6 entities as below:
Titan Engineering & Automation Ltd.; NeST Advanced Technology Development Centre Pvt. Ltd.; ASM
Technologies Ltd.; Indo-MIM Ltd.; Bharat FIH Ltd.; and IFB Industries Ltd.
These approvals are expected to enhance domestic value addition by strengthening local supply chains,
reducing dependence on imports of critical electronic components, and enabling the development of
advanced manufacturing capabilities within India. With these approvals, overall, 75 applications have
been approved under ECMS amounting to expected investment of Rs 61,671 crores and expected direct
employment for 65,040 persons.
Overall, the approvals under the Electronics Component Manufacturing Scheme represent a significant
and forward-looking milestone in India’s electronics manufacturing journey, aligned with the Hon’ble
Prime Minister’s vision of positioning India as a global hub for electronics manufacturing.
***
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