Projects Worth Rs. 7,172 Cr. Approved Under Electronics Manufacturing Scheme
Ministry of Electronics and Information Technology (MeitY) has approved 17 projects under Tranche-II of the Electronics Component Manufacturing Scheme (ECMS), involving a total investment of Rs. 7,172 crore.
Earlier in April 2025, the Union Cabinet had sanctioned the scheme with a total funding outlay of Rs. 22,919 crore to strengthen domestic manufacturing of electronic components. The scheme will remain active for the next six years.
Upcoming Projects to Enable Electronics Production Worth Rs. 65,111 Crore
As per a PIB release issued by the Ministry of Electronics & IT on 17 November 2025, these approved projects are expected to generate electronics production valued at Rs. 65,111 crore. These projects will be established across nine states: Andhra Pradesh, Goa, Gujarat, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, and Uttar Pradesh. Together, they are likely to create about 11,808 direct employment opportunities.
Components and Sub-Assemblies Covered Under Tranche-II
Second tranche of the Electronics Component Manufacturing Scheme encompasses a wide range of electronic components and sub-assemblies. Projects approved under Tranche-II of ECMS include India’s first-ever Optical Transceiver (Small Form-factor Pluggable) manufacturing facilities, which will be set up by Jabil Circuit India Pvt. Ltd. and Zetchem Supply Chain Services Pvt. Ltd. Small Form-factor Pluggable (SFP) optical transceivers are hot-swappable devices which are used to send or receive data to or from a communication network. They connect network devices to optical fibre or copper cables. Currently, SFP optical transceivers manufacturing in India involves integrating importing components. Therefore, the aforementioned approved facilities mark an initial step towards having domestic SFP optical transceiver manufacturing in India.
Apart from this, Rakon India Pvt. Ltd.’s oscillator manufacture facility has been approved under tranche-II of the ECMS. Oscillators are used for precise timing applications in communication devices, computers, and industrial electronics.
Approval has also been given to Aequs Consumer Products Pvt. Ltd.’s production facility for high-end precision enclosures for laptops and smartwatches under ECMS’ tranche-II. Further, manufacturing plants for camera modules by ASUX Safety Components India Pvt. Ltd., Uno Minda Ltd., and Syrma Mobility Pvt. Ltd. have been approved. These camera modules will be used in consumer electronics, automotive applications, and Internet of Things (IoT) devices. Additionally, TE Connectivity India Pvt. Ltd.’s plant for manufacturing connectors has been approved in this tranche of ECMS.
Most of the plants (9 plants out of approved 17) approved under ECMS’ tranche-II are for the production of Multi-Layer Printed Circuit Boards (PCBs), which will be manufactured by Hi-Q Electronics Pvt. Ltd., Secure Circuits Ltd., Zetfab India Pvt. Ltd., Ehoome IOT Pvt. Ltd., Sierra Circuits (India) Pvt. Ltd., Meena Electrotech Pvt. Ltd., AT & S India Pvt. Ltd., Micropack Pvt. Ltd., and Infopower Technologies Pvt. Ltd.
Aforementioned electronic components (from all 17 approved facilities) will support various sectors such as smartphones, IT hardware, wearables, telecom, electric vehicles, industrial electronics, defence, medical electronics, and renewable energy.
India Targets USD 500 Bn. Electronics Production by 2030-31
According to several media reports, India’s electronics component manufacturing industry holds strong growth potential, with the country targeting a total annual electronics production value of USD 500 billion by 2030-31. This growth is expected to be driven significantly by rising domestic demand and government-led initiatives such as the Electronics Component Manufacturing Scheme.
India’s Rise as a Global and Domestic Electronics Manufacturing Hub
India has rapidly transformed into a global hub for electronics manufacturing, propelled by initiatives such as Make in India and Atmanirbhar Bharat. According to a PIB release dated 11th October 2025, electronics production has surged from Rs. 1.9 lakh crore (approximately USD 21.24 billion) in 2014–15 to Rs. 11.3 lakh crore ( approximately Rs. 126.32 billion) in 2024–25, marking a nearly six-fold increase.
Additionally, electronics exports have expanded eightfold, rising from Rs. 38,000 crore (about Rs. 4.25 billion) to Rs. 3.27 lakh crore (about Rs. 36.55 billion) over the same period. Over the past decade, the sector has generated 25 lakh jobs in India.
Currently the top five export destinations for Indian electronic goods in FY 2024–25 are the United States, United Arab Emirates, Netherlands, United Kingdom, and Italy.
