Government Schemes and Policy · 10 March 2026
Electronics Components Manufacturing Scheme (ECMS) outlay raised to ₹40,000 crore
Exam-focused facts from the 10 March 2026 current affairs briefing.
Key facts
- Union Budget 2026-27 increased the outlay for the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore to deepen domestic electronics manufacturing capacity.
- NITI Aayog Vice Chairman Suman Bery met Tata Electronics MD & CEO Randhir Thakur to discuss scaling electronics production, strengthening resilient supply chains and enhancing India’s participation in global value chains.
- The policy push aligns with the government’s atmanirbhar Bharat drive in the semiconductor and electronics space.
- India’s electronics production has risen nearly six-fold in the past eleven years, creating 25 lakh jobs and establishing the country as a major electronics-manufacturing hub.