The Electronics Component Manufacturing Scheme (ECMS) has received an exceptional response, surpassing government expectations with investment proposals worth over ₹1.15 lakh crore. A total of 249 applications have been submitted for the production of 12 different electronic components. The government is reviewing these applications, and eligible companies are likely to be awarded contracts.
The deadline for ECMS applications was September 30, 2025. While the government anticipated investments of ₹59,350 crore, the submitted applications are expected to attract ₹1,15,351 crore, potentially creating 1,41,801 jobs and generating a production value exceeding ₹10 lakh crore. The ECMS targets 12 categories, including display module sub-assembly, camera module sub-assembly, electromechanicals, multilayer PCBs, and optical transceivers. DUPATTA BAZAAR Women's Multicolour Mirror Work Digitally Printed Dupatta
Electromechanicals and multilayer PCBs have received the highest number of applications, while SMD passive components have seen fewer submissions.For the first time, investments have been attracted in sectors like SMD passives, laminates, flexible PCBs, and capital equipment, laying the foundation for a robust electronics component manufacturing ecosystem in India. The scheme aims to establish a domestic electronics production system valued at $500 billion by 2030-31.
The Semiconductor Chip Manufacturing Scheme has also garnered strong interest, with 10 projects approved and investments of ₹1.60 lakh crore expected. Additionally, 23 design companies have been granted approval. Under the Mobile Manufacturing PLI Scheme, investments of ₹12,612 crore have been secured, with mobile production growing at a CAGR of 24% over the past decade. The IT Hardware PLI Scheme anticipates investments of ₹2,439 crore. These initiatives are set to transform India into a global hub for electronics manufacturing.