News: MeitY has approved ₹7,877 crore worth of projects under the Electronics Component Manufacturing Scheme (ECMS) to boost domestic electronics component production.

ABOUT ECMS

• ECMS = Electronics Component Manufacturing Scheme.
• Aims to promote domestic manufacturing of electronic components.
• Incentives are linked to turnover, investment and achievement of milestones.
• Complements PLI, which mainly focuses on finished electronic products.

Key Components

• Projects cover components such as: Electrolyte additives, Hermetic terminals, Metallised films, Enclosures, Relays, Anode materials, Optical transceivers

Importance

• Reduces import dependence.
• Increases domestic value addition.
• Strengthens electronics supply-chain resilience.
• Promotes Atmanirbhar Bharat.
• Supports strategic manufacturing, including defence-grade components.

Expected Impact

• Approved projects worth ₹7,877 crore.
• Expected production: ~₹82,243 crore.
• Expected employment: ~10,000 people.
• Projects span 10 States/UTs, with Tamil Nadu receiving the highest number of approvals in this tranche.