Industry leaders praised the government’s emphasis on design capability and quality standards within the Electronics Component Manufacturing Scheme (ECMS). At an event organized by the India Cellular and Electronics Association (ICEA), participants lauded the scheme as crucial for advancing India’s electronics goals. ICEA Chairman Pankaj Mohindroo highlighted the government’s dedication to fostering a strong electronics ecosystem through the increased outlay under ECMS.
Reopening the scheme in a strategic manner was seen as a means to enhance component manufacturing and promote local value addition. Mohindroo emphasized the significance of gradually reopening the scheme to bolster critical component capabilities and domestic value addition. He stressed the importance of scaling up design capabilities, promoting local sourcing, and attaining global quality benchmarks for the next phase of growth.
The call for original equipment manufacturers and system companies to embrace “Designed and Made-in-India” components was underlined, with an emphasis on the importance of demand creation alongside supply. Industry leaders noted India’s emergence as a reliable and attractive destination for electronics system design and manufacturing. Ashok Chandak, President of IESA, highlighted the ECMS’s role in bridging value chain gaps by facilitating component-level manufacturing to capture higher value and enhance resilience.
The approved investments are anticipated to yield over 14,000 jobs and drive production valued at Rs 84,515 crore, showcasing the scheme’s strong momentum. With 75 applications approved across 23 product categories from 12 states, including lithium-ion cells, flexible PCBs, connectors, and display modules, the projects are geographically diverse. Notably, Karnataka and Maharashtra lead in the number of approved projects, with investments surpassing the initial target to exceed Rs 61,000 crore.
