ECMS clears 31 component projects to deepen India’s electronics supply chain
India’s Electronics Component Manufacturing Scheme has approved 31 new projects worth ₹6,844 crore across 10 states and 20 product categories. The push targets supplier localisation beyond device assembly, though industry cites technology access, imported inputs and scale as persistent hurdles.
What happened
Electronics Component Manufacturing Scheme (ECMS) · India’s ECMS has approved 31 electronics-component projects worth ₹6,844 crore, aiming to deepen domestic
Key facts
- 31 new projects approved
- ₹6,844 crore project value
- 10 states
- 20 products
- 106 total approvals
- ₹82,243 crore expected production
- 9,588 direct jobs
- 14-18% India cost disadvantage versus mature global clusters
Why this matters
Strategic buyers should identify partnership, minority-investment and acquisition opportunities among ECMS-backed component makers, especially in categories where localisation can secure supply and improve cost resilience.