These approvals include manufacturing of segment products with cross sectoral applications such as mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive and IT hardware products.
About ECMS
- Genesis: Notified in April 2025 with a total outlay of ₹22,919 crore.
- Tenure: Six years with an optional one-year gestation period.
- Objective: To develop robust electronics component manufacturing ecosystem by attracting investments (global/domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).
- Target Segments:
- A - Sub-Assemblies (Display Module and Camera Module),
- B - Bare Components (Electro-mechanicals, PCBs, Li-ion Cells etc.)
- C - Selected Bare Components (HDI/Flexible PCB),
- D - Supply Chain Ecosystem and Capital Equipment, and
- E - Sub-Assembly – Telecom.
- Types of Incentives: Provides differentiated fiscal incentive on target segment products in terms of turnover:
- Turnover Linked Incentive: On incremental turnover/sales for segment A, B and E.
- Tenure of 6 years with an optional one-year gestation period.
- Capex Incentive: On eligible capital investment for segment D.
- Tenure of 5 years.
- Hybrid Incentive: Both incentives based on industry needs for segment C.
- Turnover Linked Incentive: On incremental turnover/sales for segment A, B and E.
India’s Electronics Industry
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