States Urged to Collaborate on Centre’s Scheme to Boost Electronics Manufacturing
ECONOMY & POLICY

States Urged to Collaborate on Centre’s Scheme to Boost Electronics Manufacturing

States must collaborate and leverage the Centre’s scheme to promote domestic manufacturing of electronic components, aiming to position India as a global hub for components production, the India Cellular and Electronics Association (ICEA) said on Friday.

Several states, including Tamil Nadu, Assam, Uttar Pradesh and Andhra Pradesh, are developing their own policies to encourage component manufacturing locally. Speaking at an industry event in Andhra Pradesh, Sushil Pal, Joint Secretary at the Ministry of Electronics and Information Technology (MeitY), reiterated the government’s dedication to fostering domestic electronics manufacturing through a hybrid scheme. This scheme offers capital expenditure (Capex) support alongside turnover-linked incentives for component manufacturers.

He urged states to adopt a proactive role in the mission of transforming India into a powerhouse for component manufacturing.

At the event, Bhaskar Katamneni, Secretary of IT & Electronics for Andhra Pradesh, unveiled the draft Electronics Component Manufacturing Policy (ECMP) aimed at boosting electronics component manufacturing in the state.

“We are not only promoting ease of doing business but also enabling the ‘speed of doing business’. Andhra Pradesh is crafting a more competitive and agile policy framework compared to the national landscape,” said Katamneni. He added that the Andhra Pradesh ECMP is expected to be officially notified within the next ten days.

The draft policy includes measures such as 50 per cent Capex support for component manufacturers, turnover-linked incentives that double those provided by the Centre, development of specialised infrastructure and plug-and-play clusters, and facilitation of talent development, skilling and research and development support.

Pankaj Mohindroo, Chairman of ICEA, emphasised that the industry must now actively pursue high domestic value addition and establish a strong, resilient electronics manufacturing supply chain within India.

The event was attended by senior government officials from MeitY and the state government, as well as manufacturers, industry leaders and key stakeholders in the electronics ecosystem.

States must collaborate and leverage the Centre’s scheme to promote domestic manufacturing of electronic components, aiming to position India as a global hub for components production, the India Cellular and Electronics Association (ICEA) said on Friday.Several states, including Tamil Nadu, Assam, Uttar Pradesh and Andhra Pradesh, are developing their own policies to encourage component manufacturing locally. Speaking at an industry event in Andhra Pradesh, Sushil Pal, Joint Secretary at the Ministry of Electronics and Information Technology (MeitY), reiterated the government’s dedication to fostering domestic electronics manufacturing through a hybrid scheme. This scheme offers capital expenditure (Capex) support alongside turnover-linked incentives for component manufacturers.He urged states to adopt a proactive role in the mission of transforming India into a powerhouse for component manufacturing.At the event, Bhaskar Katamneni, Secretary of IT & Electronics for Andhra Pradesh, unveiled the draft Electronics Component Manufacturing Policy (ECMP) aimed at boosting electronics component manufacturing in the state.“We are not only promoting ease of doing business but also enabling the ‘speed of doing business’. Andhra Pradesh is crafting a more competitive and agile policy framework compared to the national landscape,” said Katamneni. He added that the Andhra Pradesh ECMP is expected to be officially notified within the next ten days.The draft policy includes measures such as 50 per cent Capex support for component manufacturers, turnover-linked incentives that double those provided by the Centre, development of specialised infrastructure and plug-and-play clusters, and facilitation of talent development, skilling and research and development support.Pankaj Mohindroo, Chairman of ICEA, emphasised that the industry must now actively pursue high domestic value addition and establish a strong, resilient electronics manufacturing supply chain within India.The event was attended by senior government officials from MeitY and the state government, as well as manufacturers, industry leaders and key stakeholders in the electronics ecosystem.

Next Story
Equipment

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

Next Story
Equipment

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App