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India Approves ₹5,532 Cr ECMS Projects to Boost Electronics

The Union government has approved the first seven projects under the Electronics Component Manufacturing Scheme (ECMS), with a cumulative investment of ₹5,532 crore. Announced by Union Minister Ashwini Vaishnaw, these projects are projected to generate production worth ₹44,406 crore and create 5,195 direct jobs a strategic step to strengthen India’s electronics value chain.

What was approved

The initial approvals span multiple high-value products: camera module sub-assemblies, multi-layer PCBs, high-density interconnect (HDI) PCBs, copper-clad laminates and polypropylene film for capacitors. Projects are located across Tamil Nadu, Andhra Pradesh and Madhya Pradesh and are led by established domestic firms.

Approved ECMS projects investment, expected production and jobs.
Applicant Product State Investment (₹ crore) Production (₹ crore) Jobs
Kaynes Circuits India Pvt Ltd Multi-Layer PCB Tamil Nadu 104 4,300 220
Kaynes Circuits Camera Module Sub-Assembly Tamil Nadu 325 12,630 480
Kaynes Circuits HDI PCB Tamil Nadu 1,684 4,510 1,480
Kaynes Circuits Laminate (CCL) Tamil Nadu 1,167 6,875 300
SRF Limited Polypropylene Film Madhya Pradesh 496 1,311 225
Syrma Strategic Electronics Pvt Ltd Multi-Layer PCB Andhra Pradesh 765 6,933 955
Ascent Circuits Pvt Ltd Multi-Layer PCB Tamil Nadu 991 7,847 1,535
Total 5,532 44,406 5,195

Scheme snapshot and national impact

Notified on 8 April 2025, ECMS has an outlay of ₹22,919 crore over six years. As of 30 September 2025, commitments under the scheme total ₹1,15,351 crore nearly double the original target while projected production across approved proposals stands at over ₹10.34 lakh crore in six years. The scheme targets higher domestic value-addition and deeper integration into global electronics value chains.

Why components matter

Components such as HDI PCBs, camera modules and polypropylene film are critical inputs for smartphones, automotive electronics, medical devices and telecom equipment. Strengthening local production reduces import dependence, shortens supply chains and supports India’s ambitions to scale exports in electronics already the country’s third largest export category in 2024–25.

Looking ahead

The ECMS approvals signal a policy-backed move to climb the manufacturing ladder from devices to higher-value components. If investment commitments and production trajectories hold, ECMS could accelerate job creation and boost exports. For more on the official release, see the Government of India press note and Ministry of Commerce data.

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