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“The Electronics Component Manufacturing Scheme (ECMS) has received applications for incentives successful excess of the targets acceptable by the Union Cabinet,” the Ministry of Electronics and Information Technology said connected Thursday (October 2, 2025). As of September 30, which was the deadline for applying for incentives for astir products nether the ECMS’s remit, the IT Ministry has received applications with concern promises of ₹1,15,351 crore, portion the people is conscionable ₹59,350 crore.
The ECMS was unveiled successful April arsenic a complement to the India Semiconductor Mission, with an outlay of ₹22,919 crore, with output- and employment-linked inducement payouts to approved applicants. The strategy was announced arsenic a mode of encouraging the maturation of components different than finished goods and semiconductor fabrication successful India, to deepen the worth concatenation of electronics manufacturing successful India.
“Against a accumulation people of ₹4,56,500 crore, we person received accumulation estimates much than ₹10,34,000 crore” implicit the scheme’s six twelvemonth tenure, IT Minister Ashwini Vaishnaw told presspersons. “[For] employment we person targeted 91,600 persons, but present the employment which is expected is 1 and a fractional times much astatine 1,41,000 persons.”
“In presumption of the involvement successful the strategy — 249 applications successful all, for making everything from printed circuit boards (PCBs) to alleged “sub-assemblies” successful physics goods — the authorities volition disburse funds successful a “first travel archetypal served” way, wherever approved companies that are capable to gestate their businesses and get products into the marketplace faster volition person inducement payouts,” said IT Secretary S. Krishnan. “Scrutiny has started for these applicants, and the Ministry “will accelerated way the support process,” helium said.
Mr. Vaishnaw declined to sanction immoderate circumstantial companies who person applied for incentives nether this strategy (or their countries of origin), but said immoderate firms had applied for incentives successful manufacturing much than 1 benignant of component, thing helium said the authorities encouraged. “Electro-mechanicals” and “multi-layer PCBs” received the highest involvement by fig of applicants, 87 and 43 respectively. “One unnamed institution committed astir ₹22,000 crore,” the Ministry said.
“We’re readying to promote materials also,” Mr. Vaishnaw said, alluding to the upcoming 2nd signifier of the India Semiconductor Mission, which the authorities said is nether formulation, with “attractive effect from industry.” The authorities has successful caller months sought to grow the scope of its sops to electronics manufacturing from superior enactment to semiconductor packaging facilities and telephone assembly units to different parts of the worth chain.
While the exertion process has ended for astir each products, the authorities is keeping a cardinal 1 — superior goods, the dense instrumentality utilized successful facilities that are utilized successful manufacturing — unfastened until April 2027, successful presumption of the clip that this peculiar portion of the manufacture takes to get established.
