India’s ECMS Scheme: Seven Electronics Manufacturing Projects Approved Worth US$625 Mn

The first batch of ECMS approvals includes PCBs, camera modules, and copper laminates – advancing India’s role in global electronics manufacturing.

India has approved seven projects under the Electronics Component Manufacturing Scheme (ECMS), representing a combined investment of INR 55.32 billion (US$625.02 million). Per the government’s statement released October 27, these seven projects will deliver INR 444.06 billion (US$5.01 billion) in production output while creating over 5,000 jobs.

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Structuring compliant manufacturing expansion

The ECMS scheme intends to deepen India’s electronics value chain by fostering local production of critical components – the larger goal being making the country a global hub for high-value electronics manufacturing.

Electronics ranked as India’s third-largest export segment in FY 2024-25, and the ECMS can accelerate this growth trajectory.

What is India’s ECMS scheme?

Launched on April 8 this year, the Electronics Component Manufacturing Scheme, or ECMS, has a total outlay of INR 229.19 billion (US$2.58 billion) and a tenure of six years, including an optional one-year gestation period. The application window for the scheme opened on May 1.

As of October 27, the central government had received 249 applications under ECMS, which totaled INR 1.15 trillion (US$12.99 billion) worth of investment.

The ECMS scheme’s primary objectives include:

• Building a self-reliant and globally competitive ecosystem for electronics component manufacturing;
• Attracting domestic and foreign investment across the component value chain;
• Increasing domestic value addition in electronics manufacturing; and
• Enhancing India’s participation in global value chains.

Source: PIB

ECMS scheme approvals 2025: First seven projects announced

The first batch of projects approved under India’s ECMS scheme covers a diverse range of high-value components that are vital to industries such as smartphones, automotive electronics, medical devices, telecommunications, and industrial automation.

Key products approved under ECMS

1. Camera module sub-assemblies: Used in smartphones, drones, security systems, and medical devices, these enable high-quality imaging across consumer and industrial products.
2. Multi-layer PCBs: Found in consumer electronics, automotive systems, and telecommunications, multi-layer printed circuit boards are the backbone of modern electronic devices.
3. HDI PCBs: High-density interconnect PCBs enable compact, high-performance electronic designs, essential for wearables, smartphones, and aerospace applications.
4. Copper-clad laminates: The base material for multi-layer PCBs, used extensively across industrial, medical, and automotive electronics.
5. Polypropylene film: A critical input for capacitor manufacturing, widely used in consumer electronics and industrial equipment.

Approved companies and investment breakdown

Impact on India’s electronics manufacturing ecosystem

In FY 2024-25, electronics became India’s third-largest export category, reflecting the sector’s rapid growth and rising global competitiveness.

According to government data, electronics production increased from INR 1.9 trillion (US$21.46 billion) in FY 2014-15 to INR 11.3 trillion (US$127.6 billion) in FY 2024-25, representing a sixfold rise. During the same period, exports grew eightfold, from INR 380 billion (US$4.29 billion) to INR 3.27 trillion (US$36.9 billion).

Between April 2024 and March 2025, the electronics sector attracted US$2.04 billion in FDI equity inflows, showing investor confidence. The industry has created approximately 2.5 million jobs, indicating its importance for India’s manufacturing and employment landscape.

Mobile manufacturing surge in India

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The mobile phone segment has been the driving force behind India’s electronics manufacturing growth. Over the past decade, the country has evolved from being a major importer of mobile phones to achieving near self-sufficiency in domestic production. This transformation has been propelled by targeted policy initiatives, such as the Production-Linked Incentive (PLI) schemes, streamlined regulatory frameworks, and sustained investor confidence.

• Industry expansion: India is now the world’s second-largest mobile phone manufacturer, with over 300 operational units compared to two in 2014.
• Production growth: Output has expanded from INR 180 billion (US$2.03 billion) in FY 2014-15 to INR 5.45 trillion (US$61.5 billion) in FY 2024-25, a 28-fold increase.

Exports jump: Mobile phone exports from India surged 127 times, from INR 15 billion (US$169.4 million) in FY 2014-15 to INR 2 trillion (US$22.5 billion) in FY 2024-25. In FY 2024-25, Apple’s iPhone exports from India surpassed INR 1 trillion (US$11.29 billion), marking a 42 percent year-on-year increase.

This growth indicates India’s emergence as a reliable global hub for electronics manufacturing, serving both domestic and international markets. With expanding production capacity and deeper component manufacturing under initiatives like the ECMS, India’s value addition within the global electronics supply chain continues to strengthen.

ALSO READ: Apple’s India Strategy: Balancing Local Manufacturing with Global Supply Chains

Conclusion

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The approval of new investments under the ECMS framework signals India’s strategic move toward technological self-reliance and global competitiveness.

India’s electronics sector is steadily climbing the manufacturing value chain, transitioning from component production to high-end device assembly and system design. Strong export performance, growing domestic capabilities, and consistent job creation highlight the sector’s rising economic contribution.

Backed by consistent policy support and active private sector engagement, India is shifting from a demand-driven market to a key player in global supply chains.

(US$1 = INR 88.5)

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