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Friday, March 6, 2026

India Approves ₹7,172 Cr Electronics Component Projects

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India has cleared 17 major electronics component manufacturing projects under the Electronics Component Manufacturing Scheme (ECMS), signalling a strong push to strengthen domestic supply chains and reduce import dependence. The approved investments total ₹7,172 crore, spanning high-value components across nine states.

Strengthening India’s Electronics Backbone

The projects cover six critical component categories including camera modules, multi-layer PCBs, oscillators, connectors, enclosures and other essential hardware. Together, they are expected to generate an estimated ₹65,111 crore in output over the coming years, giving a significant boost to India’s electronics manufacturing capacity.

The approvals were awarded after evaluating 249 applications, underscoring the competitive nature of the scheme and the government’s focus on large-scale, high-quality manufacturing.

Key Players in the New Round

Among the selected companies are leading domestic and global manufacturers such as:

  • Jabil Circuit India

  • Aequs Consumer Products

  • Uno Minda

  • ASUX Safety Components

  • Zetfab India

  • TE Connectivity India

  • Meena Electrotech

These firms will build advanced component manufacturing units that feed sectors such as telecom, EVs, defence, consumer electronics and industrial automation.

A Strategic Step Toward Self-Reliance

Union IT and Electronics Minister Ashwini Vaishnaw called this a decisive step in elevating India’s presence in global electronics value chains. He emphasised the need for strong design teams, six-sigma quality systems and deep collaboration with domestic suppliers to match international standards.

The ECMS, launched in 2025 with an outlay of ₹22,919 crore, is one of India’s cornerstone policies aimed at building a resilient electronics ecosystem.

Skilling and Innovation Take Center Stage

In parallel, the government is developing a dedicated skilling framework to prepare workers for high-precision component manufacturing. The new evaluation process will prioritise design capability, quality assurance and process innovation.

Analysts note that the scheme is not only expected to reduce import dependence but also stimulate R&D activity, promote hardware innovation and create thousands of jobs in high-tech manufacturing hubs.

By accelerating component-level production, India aims to upgrade from being primarily an assembly hub to becoming a global centre for specialised, value-added electronics manufacturing.

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