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Kaynes, Amber, SRF, Syrma win nod under ₹22,919-cr electronics components scheme; to roll out local parts from mid-2026
Seven projects under the Electronics Components Manufacturing Scheme will produce components worth Rs 36,559 crore and generate over 5,100 direct jobs, officials said.
- On Monday, October 27, 2025, Union Electronics and IT Minister Ashwini Vaishnaw approved seven projects under ECMS worth Rs 5,532 crore.
- The ECMS received strong response from domestic and global firms after its April 8, 2025 notification with Rs 22,919 crore outlay and investment proposals worth Rs 1.15 lakh crore.
- According to the Ministry of Electronics and Information Technology, the projects will produce components worth Rs 36,559 crore, create over 5,100 jobs, and export 60% of output while meeting domestic copper clad laminate demand.
- The approvals allocate manufacturing of units across Tamil Nadu , Andhra Pradesh , and Madhya Pradesh , with four projects to Bengaluru-based Kaynes Technology and one each to SRF Ltd, Syrma Strategic Electronics, and Ascent Circuits Pvt Ltd.
- Under the ECMS turnover- and capex-linked incentives, companies must meet annual targets and demonstrate a net worth of at least 50%, with five-year capex rules and penalties for unmet employment goals.
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Kaynes, Amber, SRF, Syrma win nod under ₹22,919-cr electronics components scheme; to roll out local parts from mid-2026
The Indian government has approved four companies for incentives under a new electronics manufacturing scheme, aiming to enhance domestic production of essential components by mid-2026, addressing critical demands in the sector and boosting local manufacturing efforts.
·New Delhi, India
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The Hindu Business Line
The Hindu Business LineGovt clears 7 projects under electronics component scheme
New Delhi, Oct 27 (PTI) The government has approved seven projects out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday. The minister said that initially, proposals for the manufacturing of printed circuit boards, or motherboard base, camera modules, copper laminates, and polypropylene films […]
·New Delhi, India
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Total News Sources16
Leaning Left2Leaning Right5Center1Last UpdatedBias Distribution62% Right
Bias Distribution
- 62% of the sources lean Right
62% Right
L 25%
13%
R 62%
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