ECMS to Boost India’s Local Electronics Value Addition to 40%
ECONOMY & POLICY

ECMS to Boost India’s Local Electronics Value Addition to 40%

India’s first Electronics Component Manufacturing Scheme (ECMS) is poised to double local value addition in the production of finished electronic goods to 35–40 per cent over the next five years, according to industry body Elcina.

The scheme has attracted record investment proposals worth Rs 1.15 trillion, more than double the initial target of Rs 590 billion. A total of 249 companies have submitted applications, which will undergo screening before approval.

Elcina Secretary General Rajoo Goel said, “This is a game changer for India’s electronics ecosystem, boosting value addition from the current 15–20 per cent to 35–40 per cent in the coming years.”

Union Minister for Electronics and IT Ashwini Vaishnaw noted that, against a production target of Rs 4.56 trillion, proposals have been submitted for electronics component manufacturing worth over Rs 10.34 trillion. The largest proposal of Rs 358.13 billion was for enclosures of mobile phones, IT hardware, and related devices, a segment led by players like Tata Electronics.

Other major segments attracting investments include:

  • Flexible printed circuit boards: Rs 165.42 billion
  • Electro-mechanical components: Rs 143.62 billion
  • Multi-layer PCBs: Rs 141.50 billion
  • Sub-assemblies and bare components: Rs 92.26 billion
  • Display module sub-assemblies: Rs 86.42 billion
  • Camera module sub-assemblies: Rs 62.05 billion
  • Lithium-ion cells: Rs 45.16 billion
Proposals for capital goods, optical transceivers, and passive components have also been received, indicating strong participation by global companies.

Elcina President Sasi Gandhanam said, “The overwhelming response reflects rising confidence in India as a manufacturing hub. State governments must support this momentum with ease-of-doing-business measures to unlock further investments, create employment, and generate a multiplier effect on the economy.”

ICEA Chairman Pankaj Mohindroo added that ECMS will strengthen domestic sub-assembly and component manufacturing, enhancing India’s global competitiveness and core electronics capabilities.

India’s first Electronics Component Manufacturing Scheme (ECMS) is poised to double local value addition in the production of finished electronic goods to 35–40 per cent over the next five years, according to industry body Elcina.The scheme has attracted record investment proposals worth Rs 1.15 trillion, more than double the initial target of Rs 590 billion. A total of 249 companies have submitted applications, which will undergo screening before approval.Elcina Secretary General Rajoo Goel said, “This is a game changer for India’s electronics ecosystem, boosting value addition from the current 15–20 per cent to 35–40 per cent in the coming years.”Union Minister for Electronics and IT Ashwini Vaishnaw noted that, against a production target of Rs 4.56 trillion, proposals have been submitted for electronics component manufacturing worth over Rs 10.34 trillion. The largest proposal of Rs 358.13 billion was for enclosures of mobile phones, IT hardware, and related devices, a segment led by players like Tata Electronics.Other major segments attracting investments include:Flexible printed circuit boards: Rs 165.42 billionElectro-mechanical components: Rs 143.62 billionMulti-layer PCBs: Rs 141.50 billionSub-assemblies and bare components: Rs 92.26 billionDisplay module sub-assemblies: Rs 86.42 billionCamera module sub-assemblies: Rs 62.05 billionLithium-ion cells: Rs 45.16 billionProposals for capital goods, optical transceivers, and passive components have also been received, indicating strong participation by global companies.Elcina President Sasi Gandhanam said, “The overwhelming response reflects rising confidence in India as a manufacturing hub. State governments must support this momentum with ease-of-doing-business measures to unlock further investments, create employment, and generate a multiplier effect on the economy.”ICEA Chairman Pankaj Mohindroo added that ECMS will strengthen domestic sub-assembly and component manufacturing, enhancing India’s global competitiveness and core electronics capabilities.

Next Story
Technology

RIB Software India Expands Market Presence

RIB Software India, a subsidiary of RIB Software SE under Schneider Electric, is expanding its presence across India’s USD 1 trillion construction sector through strategic leadership and a robust suite of digital solutions that address the nation’s evolving infrastructure and project delivery needs.The Indian construction sector, marked by rapid urbanization, fluctuating market dynamics, and increasing demands for efficiency and transparency, requires robust digital tools and agile strategies. This is backed by adoption and investment towards BIM, compliance, quality control, carbon calcul..

Next Story
Technology

TCS To Drive Lion’s Digital Transformation

Lion, the Sydney-headquartered beverage company with operations across Australia and New Zealand, has selected Tata Consultancy Services (TCS) to manage and transform its information technology landscape. The partnership aims to boost Lion’s operational resilience and productivity through a scalable operating model, service-delivery automation, and the infusion of Artificial Intelligence for smarter business outcomes. Under this collaboration, TCS will lead Lion’s shift from legacy systems to a modern cloud-based infrastructure, strengthen its cybersecurity framework, and oversee applicat..

Next Story
Infrastructure Energy

Inox Wind Secures 100 MW Gujarat Order

Inox Wind Limited (IWL), one of India’s leading wind energy solutions providers, has announced a 100 MW equipment-supply order from a major green energy transition platform. The contract covers the delivery of IWL’s advanced 3.3 MW wind turbines for projects being developed in Gujarat. In addition, the company will offer limited-scope EPC services along with multi-year operations and maintenance support after the turbines are commissioned. Sanjeev Agarwal, Chief Executive Officer of Inox Wind, said the company was pleased to secure a 100 MW order from a new client, noting that several mor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement