New Delhi | October 2nd,2025 | SKY LINK TIMES
India’s Electronics Scheme
India’s ambitious push to strengthen its domestic electronics ecosystem has received a massive boost. Union Minister for Electronics and IT, Ashwini Vaishnaw, announced on Thursday that the government has received investment proposals worth ₹1.15 lakh crore under the Electronics Component Manufacturing Scheme (ECMS), far surpassing initial expectations.
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Doubling Projections with Global Trust in India
India’s Electronics Scheme, launched earlier this year with a budget outlay of ₹22,919 crore over six years, was originally expected to attract investments worth around ₹59,000 crore. However, final proposals have nearly doubled that target, reflecting rising confidence from both domestic and global players in India’s electronics manufacturing potential.
“The investment applications of more than ₹1 lakh crore clearly show Prime Minister Narendra Modi’s focus on electronics manufacturing and the trust developed by the world in India in the last 11 years. This trust is resulting in investment, employment, and extra production,” Vaishnaw said.
Job Creation Exceeds Targets
Electronics and IT Secretary S. Krishnan highlighted that the proposals include commitments to generate employment for 1.41 lakh people, significantly higher than the initial target of 91,600 jobs. This is expected to create not only direct employment but also a large number of indirect opportunities across India’s growing electronics value chain.
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Boosting Domestic Value Addition
India’s Electronics Scheme is designed to build a robust domestic component ecosystem, reduce import dependency, and integrate Indian companies with global value chains (GVCs). By providing targeted incentives, the government aims to encourage large-scale production of electronic components, sub-assemblies, and devices — a key step toward making India a global electronics hub.
Officials added that the application window for the capital equipment segment of the scheme remains open, allowing further opportunities for expansion and scaling up production capacities.
Driving India’s Electronics Growth Story
At the time of its approval in March 2025, the scheme had set targets of:
1.₹59,350 crore investment
2.₹4,56,500 crore worth of production
3.91,600 direct jobs
With proposals already exceeding these benchmarks, the industry is optimistic about India’s ability to compete with global electronics manufacturing powerhouses like China, Taiwan, and South Korea.
Analysts say the record inflow of investment highlights India’s emergence as a trusted destination for electronics production, aligning with the government’s broader ‘Make in India’ and ‘Atmanirbhar Bharat’ missions.
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