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
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement