Govt Approves 31 Proposals Worth Rs 7,877 Crore Under Electronics Component Scheme
The fifth ECMS round backs components that could generate Rs 82,243 crore in output and nearly 10,000 jobs, the minister said.
- On Monday, the Ministry of Electronics and Information Technology approved 31 proposals under the Electronics Component Manufacturing Scheme , totaling Rs 7,877 crore to strengthen domestic electronics supply chains.
- With these latest approvals, total projects cleared under the ECMS have risen to 106 across five tranches, with cumulative investments crossing Rs 69,000 crore since the scheme launched in April 2025.
- Minister Ashwini Vaishnaw stated these projects are expected to generate Rs 82,243 crore in production and create nearly 10,000 jobs, with approvals for companies including Jyoti CNC Automation and Wipro Global.
- Projects span 10 states, with Tamil Nadu receiving the highest approvals for manufacturing critical components including rare earth permanent magnets, electrolyte additives, and hermetic terminals.
- Focusing on future resilience, Minister Ashwini Vaishnaw urged companies to prioritize design capabilities and 'Swadeshi' supply chains, noting "Without Six Sigma quality, there is no chance of survival in electronics manufacturing.
15 Articles
15 Articles
Electronics component projects take investment to Rs 69,500 crore, top target by Rs 10,150 crore
The government approved 31 new manufacturing proposals under the Electronics Components Manufacturing Scheme, boosting investments to Rs 69,500 crore and expected to generate over 74,600 direct jobs across 10 states.
ECMS Approved Investments Cross Target, Reach Rs 69,548 Crore: MeitY Secy
Get latest articles and stories on Business at LatestLY. Approved investments under the government's Electronics Components Manufacturing Scheme (ECMS) have crossed the scheme's original target, reaching Rs 69,548 crore against the targeted Rs 59,350 crore, Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan said on Monday. Business News | ECMS Approved Investments Cross Target, Reach Rs 69,548 Crore: MeitY Secy.
ECMS approved investments cross target, reach Rs 69,548 crore: MeitY Secy - The Tribune
Approved investments under the government's Electronics Components Manufacturing Scheme (ECMS) have crossed the scheme's original target, reaching Rs 69,548 crore against the targeted Rs 59,350 crore, Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan said on Monday.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
