Electronics Component Manufacturing Scheme (ECMS)
to ₹40,000 Crore
India is shifting its electronics
manufacturing focus from assembly to deep domestic component manufacturing
through the Electronics Component Manufacturing Scheme (ECMS). Designed
to cut import dependence on critical parts—such as PCBs, camera/display
modules, connectors, and lithium-ion cells—the scheme aims to establish a
self-reliant supply chain.
Growth in India's Electronics Sector (2014–2026)
·
Production Expansion: Domestic production grew 7x, rising from ₹1.9 lakh crore
in FY 2014–15 to ₹13.11 lakh crore in FY 2025–26.
·
Export Growth: Exports increased 11x, growing from ₹38,263 crore in FY
2014–15 to ₹4.24 lakh crore in FY 2025–26.
Key Details & Financial Outlay of ECMS
·
Enhanced Budget: Originally notified on April 8, 2025, with ₹22,919 crore, the
outlay was increased to ₹40,000 crore in Union Budget 2026–27.
·
Tenure & Incentives: Features a six-year tenure with an optional one-year gestation period
and a five-year capital expenditure (Capex) incentive.
Approved Projects & Implementation Status (As of August 2026)
·
Applications & Coverage: 106 projects covering 30 product domains across 15 states have
been approved.
·
Investment Committed: Represents an approved investment of ₹69,548 crore.
·
Manufacturing Progress: 38 approved plants are currently in commercial production, with
another 16 in advanced stages of construction or installation.
·
Economic Impact: Projects are projected to generate ₹5.34 lakh crore in
production, 74,628 direct jobs, and 2.5 lakh indirect jobs.
Strategic Targets for 2030
·
Domestic Production Target: Broadening ecosystem capabilities to reach $500 billion
(₹47.75 lakh crore) in domestic electronics manufacturing by 2030.
·
Export Target: Expanding total electronics exports to $150 billion (₹14.33
lakh crore) by 2030.