The Ministry of Electronics and Information Technology (MeitY) has given green-lighted 22 new proposals under the third phase of the Electronics Components Manufacturing Scheme (ECMS).
This involves a projected investment of ₹41,863 crore and an anticipated production value of ₹2,58,152 crore, according to a note shared with media representatives on January 1, bringing the total number of approved projects to 46.
“In continuation of the approvals of 24 applications for an investment of ₹12,704 crore announced earlier, MeitY has further approved 22 proposals under the ECMS,” the background note said, as reported by Hindustan Times.
The approved proposals came from companies including Dixon, Samsung Display Noida, Foxconn, and Hindalco Industries.
Earlier in October, the ministry granted approval for seven projects valued at ₹5,532 crore in the first tranche, followed by 17 projects totalling ₹7,172 crore in the second tranche on November 17.
Union IT Minister Ashwini Vaishnaw distributed the approval letters to the companies in a meeting on January 2.
The 22 projects sanctioned in this third tranche are projected to yield a production output of ₹2,58,152 crore and create 33,791 direct job opportunities. This amount is more than double the combined production value of ₹1,09,517 crore that was anticipated from the first two tranches.
The ECMS, announced in April 2025 with a budget allocation of ₹22,919 crore over six years, has attracted significant interest from both domestic and international investors.
A total of 249 applications propose overall investments of ₹1.15 lakh crore, expected production of ₹10.34 lakh crore, and the potential creation of 1.42 lakh jobs, as per MeitY data from early October.
As per the media note, the recent approvals pertain to manufacturing in 11 product categories, including mobile devices, telecom gear, consumer electronics, automobiles, IT hardware, and strategic electronics.
The approved items consist of five main components: PCBs, capacitors, connectors, enclosures, and Li-ion cells. Additionally, there are three sub-assemblies: camera modules, display modules, and optical transceivers, along with three supply chain products: aluminium extrusions, anode materials, and laminates.
These projects will take place in eight states: Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan.
The background note indicated that the approvals are intended to significantly enhance local supply chains, reduce reliance on imports of essential electronic parts, and promote the development of advanced manufacturing capabilities in India, as per reports.
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