August 10, 2026 08:42 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Jharkhand student protest turns tense: Water cannons, lathicharge after Assembly march barricades breached | ‘Mother tongue is as pure as one's mother’: Vijay-led Tamil Nadu government makes Tamil Thaai Vazhthu mandatory in big language push | Indian envoy Kwatra cites US, UK laws to counter ‘myths’ around FCRA Bill | Jharkhand students march to assembly today: JPSC row escalates despite govt action | ‘A morning I will cherish’: Raghav Chadha meets PM Modi, shares photos from ‘enriching’ meeting | Delhi Mercedes crash kills 70-year-old woman: Cop’s son behind wheel, beer bottle found | Indian-origin woman accused of ‘visa fraud’ on X: US Attorney steps in with major clarification | US Senate passes Russia sanctions bill: India can face Trump’s 100% tariff threat | Expired meat, rotten vegetables found at Bengaluru's luxury hotels, legal action begins | 'I'm ready to be humiliated': Vijay, Udhayanidhi Stalin clash in Tamil Nadu Assembly over Cauvery dispute
Photo: Pixabay

Electronics component scheme draws ₹1.15 lakh cr proposals; surpasses targets for jobs, output and investment

| @indiablooms | Oct 02, 2025, at 07:34 pm

New Delhi: The Electronics Component Manufacturing Scheme (ECMS) has attracted investment proposals worth ₹1.15 lakh crore, Union Electronics and IT Minister Ashwini Vaishnaw announced on Thursday, far surpassing the programme’s original benchmarks for investment, production, and employment.

The scheme, launched with an initial investment target of ₹59,000 crore, has now drawn proposals projecting production valued at over ₹10 lakh crore.

According to Electronics and IT Secretary S Krishnan, the projects are expected to create more than 1.41 lakh jobs, significantly higher than the original goal of 91,600 positions.

The government said applications are being evaluated on a first-come, first-served basis, giving priority to early entrants.

For the first time, proposals have been submitted in areas such as SMD passives, laminates, flexible PCBs, anodes, and capital equipment.

Vaishnaw stressed that nearly all industry players are now building design teams and capabilities, with around 60% of applications coming from MSMEs.

He underlined that these components will help meet domestic demand while also serving global markets.

Calling on states to capitalise on the momentum, the minister said the government’s next focus would be on indigenising raw materials critical for electronics and semiconductor manufacturing, including ultra-pure materials.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.