The federal government on Monday accredited 31 tasks price ₹7,877 crore underneath the electronics part manufacturing scheme (ECMS), with the contemporary investments anticipated to spur manufacturing price ₹82,243 crore and generate practically 10,000 jobs throughout 10 states, IT Secretary S Krishnan stated at an occasion collectively organised by Elcina and the Ministry of Electronics and Data Expertise (Meity).
The approvals cowl a spread of merchandise, together with capital items, digicam and show modules, anode supplies, enclosures, connectors, transducers, rare-earth everlasting magnets, acetylene black, optical transceivers, audio system and microphones, relays, airtight terminals, electrolyte components, antennas, metallised movies for capacitors, coils, filters, capacitors, steel shielding covers and copper clad laminates.
The tasks embody these from Jyoti CNC Automation, SkyQuad Electronics & Home equipment, Epsilon C2GR, Micromax Precision Moulding, TXB Optics, Quantum Magnetics, Sensata Applied sciences, PCBL Chemical, Rosenberger Interconnect, and Amphenol Interconnect.
Wipro World, whose utility for copper clad laminates was accredited earlier, has raised its funding by ₹1,033 crore to ₹1,401 crore.
With the most recent approvals, the federal government has greenlit 106 functions protecting 30 product classes throughout 15 states. Cumulative funding has reached ₹69,548 crore, exceeding the scheme’s authentic funding goal of ₹59,350 crore. Anticipated manufacturing has risen to ₹5,34,101 crore.
In response to the Financial Survey 2025-26, electronics emerged because the nation’s third-largest and fastest-growing export class in 2024-25, rising from seventh place in 2021-22. Within the first half of FY26, electronics exports stood at $22.2 billion.