Electronics Component Manufacturing Scheme (ECMS): Centre Approves 29 Projects with ₹7,104 Crore Investment

Key facts

• The Ministry of Electronics & Information Technology (MeitY) approved 29 new applications under the Electronics Component Manufacturing Scheme (ECMS) involving an investment of ₹7,104 crore.
• The approved projects have the potential to produce goods worth ₹84,515 crore and generate employment for 14,246 persons.
• The initiative marks the first-ever manufacturing of surface-mount device (SMD) passives, including Tantalum polymer capacitors, and rare-earth magnets from rare-earth oxides in India.
• Major investment commitments include Dixon Display (₹1,100 crore), Lohum Cleantech (₹700 crore), Indo-MIM (₹592 crore), ASM Technologies (₹565 crore), Syrma (₹385 crore), and Ratnaveer Precision (₹338 crore).
• Other approved companies include Wangda Technologies (₹250 crore), Vishay Components (₹225 crore), OEN India (₹216 crore), BG Electrical (₹195 crore), Titan Engineering (₹192 crore), Bharat FIH Limited (₹192 crore), Terminal Technologies (₹175 crore), and Nest Advanced Technology (₹102 crore).
• Additional participants include SFO Technologies (₹82 crore), Molex (₹70 crore), TDK India (₹67 crore), Vishay Precision (₹65 crore), Permanent Magnets Limited (₹62 crore), VVDN Technologies (₹50 crore), Amphenol (₹50 crore), and Dhruv Industries (₹18 crore).
• The ECMS was approved in April 2025 with an initial financial outlay of ₹22,919 crore, which was increased to ₹40,000 crore in the Union Budget 2026-27.
• Under the programme, the government has approved total projects worth ₹61,671 crore against an initial target of ₹59,350 crore.
• The total production potential of all projects approved under ECMS to date is ₹4.51 lakh crore with an employment potential for 65,040 individuals.