August 30, 2026 07:32 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
VHP breaks silence on Durga Puja ‘guidelines’: No blanket non-veg ban, clarifies stand on theme pandals amid backlash | No non-veg near pandals, no ‘distorted’ idols: VHP’s Durga Puja guidelines spark Bengal debate | ‘Either they will stay, or we will’: Suvendu Adhikari's warning to Jadavpur students over 'Azadi' slogans | 'Inaccurate reports': Penguin India denies dropping Sonia Gandhi memoir | ‘Clean my shoes’: Greater Noida woman detained after alleged abuse, assault of security guards | 21-year-old model stabbed to death in Delhi; gym trainer arrested after encounter | Abhishek Banerjee, Derek O'Brien, other TMC leaders booked after Camac Street clash with Kolkata Police | Kanpur plane crash: Training aircraft crashes near Ganges, two pilots killed | Big IT boost for Bengal: LTM opens global delivery & AI centre in Kolkata's New Town | 21-year-old Delhi model found stabbed at Delhi home, gym trainer accused of killing her
Photo: Pixabay

Electronics component scheme draws ₹1.15 lakh cr proposals; surpasses targets for jobs, output and investment

| @indiablooms | Oct 02, 2025, at 07:34 pm

New Delhi: The Electronics Component Manufacturing Scheme (ECMS) has attracted investment proposals worth ₹1.15 lakh crore, Union Electronics and IT Minister Ashwini Vaishnaw announced on Thursday, far surpassing the programme’s original benchmarks for investment, production, and employment.

The scheme, launched with an initial investment target of ₹59,000 crore, has now drawn proposals projecting production valued at over ₹10 lakh crore.

According to Electronics and IT Secretary S Krishnan, the projects are expected to create more than 1.41 lakh jobs, significantly higher than the original goal of 91,600 positions.

The government said applications are being evaluated on a first-come, first-served basis, giving priority to early entrants.

For the first time, proposals have been submitted in areas such as SMD passives, laminates, flexible PCBs, anodes, and capital equipment.

Vaishnaw stressed that nearly all industry players are now building design teams and capabilities, with around 60% of applications coming from MSMEs.

He underlined that these components will help meet domestic demand while also serving global markets.

Calling on states to capitalise on the momentum, the minister said the government’s next focus would be on indigenising raw materials critical for electronics and semiconductor manufacturing, including ultra-pure materials.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.