These approvals include manufacturing of 11 target segment products such as mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive and IT hardware products.
FinTech BizNews Service
Mumbai, 2 January 2026: In continuation to the approvals of 24 applications for INR 12,704 crore announced earlier, Ministry of Electronics and Information Technology (MeitY) has further approved 22 proposals under the Electronics Components Manufacturing Scheme (ECMS) with projected investment of INR 41,863 crore, projected production of INR 2,58,152 crore. These approvals are expected to generate 33,791 direct employment opportunities.
Speaking on the occasion, Minister for Electronics and Information Technology Shri Ashwini Vaishnaw noted that this programme has strengthened India’s electronics manufacturing ecosystem, enabling large portions of domestic demand to be met indigenously. Outlining the vision for the electronics sector, he noted that India would still be a very young demography in 2047 when growth would have stopped in many other economies. He added that India would be the only economy which will continue to grow till 2100 and hence it is important to set all the structural foundational blocks in place, so that the growth continues.
Minister of State for Electronics and Information Technology Shri. Jitin Prasada said that India is being seen as the next big Electronics manufacturing destination and is emerging as a reliable partner amidst global geopolitical uncertainty.
Meity Secretary Shri S. Krishnan said that the applications approved in the current tranche are important for the electronic manufacturing ecosystem of the country and help realise one of the significant goals of ECMS.
These approvals will significantly strengthen domestic supply chains, reduce import dependence for critical electronic components, and support the growth of high-value manufacturing capabilities in India.
These approvals under the Electronics Component Manufacturing Scheme reflects a bold, forward-looking step in electronics manufacturing journey, which is closely aligned with the Prime Minister Narendra Modi’s vision of making India a global hub for electronics manufacturing.
