Electronics Component Manufacturing Scheme (ECMS)
Context: The government has received 70 applications for its ₹23,000-crore electronics component manufacturing scheme, and a majority of the applicants are small and medium enterprises.
Important Pointers:
What It Is: India’s first dedicated PLI scheme focused on electronics components manufacturing to boost domestic capability and strengthen participation in the global electronics supply chain.
Ministry Involved: Ministry of Electronics and Information Technology (MeitY)
Budget & Tenure:
Outlay: ₹22,919 crore
Duration: 6 years (FY 2025–26 to FY 2031–32)
Gestation Period: 1 year
Investment: Attract global and domestic investment in electronics component manufacturing.
Value Addition: Boost Domestic Value Addition (DVA) and integrate with Global Value Chains (GVCs).
Job Creation: Generate over 91,600 direct jobs.
Production Target: Contribute to India’s $500 billion electronics production goal by 2030.
Incentive Structures:
Turnover-linked: Based on revenue.
Capex-linked: Based on capital investment.
Hybrid: Combination of both.
Employment Linkage: Incentives tied directly to job creation metrics.
Target Segments:
Sub-assemblies: Display & camera modules
Bare components: PCBs, Li-ion cells
Capital equipment & supply chain: Tools and infrastructure
Ease of Doing Business: Simple guidelines, transparent process, first-come, first-served approval.
Focus on Quality:
Adherence to Six Sigma standards
Requirement to build domestic design teams