The Ministry of Electronics and Information Technology (MeitY) has approved 31 projects totalling ₹7,877 crore under the Electronics Component Manufacturing Scheme (ECMS).
The progress comes as another major push to build a stronger domestic electronics supply chain and reduce dependence on imported components. The projects are expected to generate production worth ₹82,243 crore and create nearly 10,000 jobs.
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31 Projects Cover Critical Electronics Components
The latest approvals, spread across 10 States, take the total number of projects cleared under ECMS to 106 across five tranches. Cumulative investment has crossed ₹69,000 crore, exceeding the government’s original investment target of ₹59,000 crore, Electronics and Information Technology Minister Ashwini Vaishnaw said.
The new projects cover capital goods, camera and display modules, connectors, anode materials, enclosures, rare-earth permanent magnets, speakers and microphones, antennas, and metallised films for capacitors and coils.
Among the larger approved investments are Jyoti CNC Automation at ₹1,021 crore, Micromax Precision Moulding at ₹565 crore, Resolute Group’s SkyQuad Electronics and Appliances at ₹740 crore, and Wipro Global Engineering and Electronic Materials with an additional ₹1,033 crore. Mitsubishi Electric India, VVDN Technologies, Gruner India and Centum Electronics are among the other companies receiving approvals.
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Focus Moves Towards Deeper Manufacturing
Some investments target sectors where India is heavily dependent on overseas suppliers.
- Wipro Global is expanding copper clad laminate production, a material used in printed circuit boards and increasingly in artificial intelligence server infrastructure.
- Quantum Magnetics has also received approval to manufacture rare-earth permanent magnets. Such magnets are important in several high-tech applications and China currently dominates the supply chain.
- Capital goods projects approved for companies including Mitsubishi Electric, Ind Sphinx, Accurate Gauging and Instruments, VVDN and Jyoti CNC are aimed at building additional manufacturing capacity in India.
ECMS was launched in April 2025 to boost domestic component production and deepen India’s position in global electronics supply chains. The Union Budget 2026-27 subsequently added more investments, boosting it fromer from ₹22,919 crore to ₹40,000 crore.
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Four Priorities for India’s Electronics Industry
Vaishnaw said the next phase will depend on stronger design capabilities, indigenous supply chains, Six Sigma quality and workforce development. Industry bodies, including the Electronics Industries Association (ELCINA), the Manufacturers’ Association for Information Technology (MAIT), and the India Cellular & Electronics Association (ICEA), have been asked to work with the government on structured talent development.
The latest approvals suggest India’s electronics strategy is moving beyond assembling finished devices. The real test now will be whether these investments translate into reliable local component supplies, competitive costs and globally accepted quality.
Samarjit Kaur is a journalist and communications professional covering technology & emerging digital trends. With a focus on clarity and context, she reports on developments shaping industries and governance. When not reporting, she chooses to plug-in and relax on her playlists and plan her next bucket-list trips!
