Union Minister Ashwini Vaishnaw has launched the guidelines and online portal for the Electronics Component Manufacturing Scheme (ECMS), aiming to bolster India's position as a global electronics hub. Highlighting India's progress from assembling finished products to manufacturing critical components and materials, Vaishnaw stressed the need for Six Sigma quality standards and stronger in-house design capabilities.

India’s electronics production has jumped fivefold over the past decade, with exports growing over six times, driven largely by sectors like mobile phones, laptops, and IT hardware. ECMS is designed as a horizontal scheme, supporting not just electronics but also sectors like industrial, power, and automotive.

A key announcement included Sarvam AI being selected to develop India’s first indigenous AI foundational model, underlining the government’s push towards tech-driven innovation.

The event saw strong participation from government officials, industry leaders, and embassy representatives. ECMS was praised for its hybrid incentive structure — offering turnover- and capex-linked incentives — and for simplifying guidelines to enhance ease of doing business.

The Rs 229.19 billion scheme will run for 6 years, aiming to boost domestic value addition, strengthen supply chains, and integrate Indian manufacturers into global value chains. Applications for ECMS will open on May 1, 2025, via the new portal.