New Delhi, April 1 (IANS) The government has adopted a structured and targeted policy for electronics manufacturing across the entire value chain including semiconductors and electronic goods production rose six times in a decade, an official statement said on Wednesday.India’s electronics manufacturing sector has expanded significantly over the past 11 years.The electronic goods production rose to about Rs 12 lakh crore in 2024‑25 from roughly Rs 1.9 lakh crore in 2014‑15. Exports of elec…
Latest Electronics Component Manufacturing Scheme News & Updates
New Delhi, April 1 (IANS) Union Minister of State for Electronics and IT, Jitin Prasada, on Wednesday highlighted that India’s electronics manufacturing sector has witnessed a sharp expansion over the past decade, with production rising over six-fold to around Rs 12 lakh crore in FY25 from about Rs 1.9 lakh crore in FY15.In a written reply in the Lok Sabha, the minister said exports of electronic goods have surged nearly eight times to about Rs 3.3 lakh crore, while mobile phone production jum…
New Delhi, March 30 (IANS) Industry leaders on Monday welcomed the government’s strong push on design capability and quality standards under the Electronics Component Manufacturing Scheme (ECMS), calling it critical for scaling India’s electronics ambitions. Industry participants at an event hosted by the India Cellular and Electronics Association (ICEA) to mark the fourth tranche of ECMS approvals said that the ECMS scheme reflects India’s shift from policy intent to on-ground execution.I…
New Delhi, Feb 27 (IANS) India and Israel, in their key meetings this week, have placed technology and innovation at the centre of the partnership which aligns closely with India’s ambition of building a $500 billion electronics manufacturing economy by 2030–31, industry experts said on Friday.Prime Minister Narendra Modi and his Israeli counterpart, Benjamin Netanyahu, have elevated the bilateral relationship to a ‘Special Strategic Partnership for Peace, Innovation and Prosperity’, ref…
New Delhi, Dec 27 (IANS) India has ramped up electronics production six-fold and is the second largest mobile manufacturing country in the world, Union Minister of Electronics and Information Technology Ashwini Vaishnaw said on Saturday.In multiple posts on social media platform X, Vaishnaw said that the country has increased electronic exports eightfold over the past 11 years, mainly driven by policy support from the Production Linked Incentive Scheme.The PLI scheme for Large Scale Electronics …