Government Approves ₹7,172 Crore Electronics Component Projects
The Indian government has approved 17 high-value electronics component manufacturing projects worth ₹7,172 crore, marking a significant push to strengthen domestic supply chains and reduce import dependence.
Key Takeaways
- 17 projects approved under Electronics Component Manufacturing Scheme (ECMS)
- Total investment of ₹7,172 crore across six component categories
- Expected cumulative production value of ₹65,111 crore
- Projects span nine states, creating widespread manufacturing infrastructure
Minister Emphasizes Strategic Importance
“You have shown the way on how India will become major electronics manufacturing hub,” said Minister for Electronics and IT, Ashwini Vaishnaw during the announcement of the second tranche of approvals.
The minister outlined three critical success factors for long-term growth:
- Building strong design teams
- Ensuring six sigma quality standards
- Partnering with domestic ‘Swadeshi’ suppliers
“Quality systems will be key part of evaluation process,” Vaishnaw emphasized.
Supply Chain Resilience in Challenging Times
Addressing global economic shifts, the minister noted: “The way geo-politics and geo-economics is emerging, the challenges will be bigger and in those challenging period your ability to have good supply chain control will define your resilience and ability to compete in difficult times.”
He also revealed that a new skilling framework for electronics manufacturing is being developed to support industry growth.
Project Details and Companies
With this second round of approvals, the total projects under ECMS now stand at 24. Major companies involved include:
- Jabil Circuit India
- Aequs Consumer Products
- Uno Minda
- ASUX Safety Components India
- Zetfab India
- TE Connectivity India
- Meena Electrotech
The approved projects cover critical components including camera modules, connectors, multi-layer PCBs, oscillators, and enclosures, addressing key gaps in India’s electronics manufacturing ecosystem.
