Projects will enable large-scale production of components used across smartphones, automobiles, medical devices, telecommunications, and industrial systems.
- ECMS was notified in April 2025 with a total outlay of ₹22,919 crore.
About ECMS
- Objective: Build a strong and self-sustaining ecosystem for electronics component manufacturing in the country.
- Its focus is on attracting both domestic and global investment across the value chain, promoting higher domestic value addition, and positioning India as a key player in global electronics trade.
- Nodal Ministry: Ministry of Electronics and Information Technology (MeiTY)
- Targeted Segments: It include sub-assemblies (Display and camera module), Bare components like Non-Surface Mount Devices, etc.
- Tenure:
- Turnover Linked Incentive: 6 years with 1 year of gestation period
- Capex Incentive: 5 years
India’s Electronics Sector
- It contributes around 3.4% of the country's GDP.
- Electronics production has grown from ₹1.9 lakh crore in 2014–15 to ₹11.3 lakh crore in 2024–25, marking a six-fold increase.
- Exports rose from ₹38,000 crore to ₹3.27 lakh crore in the same period, reflecting an eight-fold jump.
- Electronics have emerged as India’s third largest and fastest growing export category in 2024–25 (rising from the seventh position in 2021–22).
- India is now the world’s second largest mobile phone manufacturer.
