ECMS Electronics Components Scheme: First Seven Projects Cleared
Why in the news
The government cleared the first seven Electronics Components Manufacturing Scheme (ECMS) projects: ₹5,532 crore investment, ₹36,559 crore expected output.
Key facts
- MeitY flagship for component-level manufacturing: sub-assemblies, bare components, capital equipment.
- Links Indian firms to Global Value Chains; expected 91,600 direct jobs.
- Objectives: raise Domestic Value Addition, cut import dependence, strengthen R&D.
- Works with the PLI Scheme for Electronics and India Semiconductor Mission.
| Incentive | Duration |
|---|---|
| Turnover-linked | 6 years (incl. 1-year gestation) |
| Capex-linked | 5 years |
| Hybrid | Mix of both |
| Segment | Domestic demand target |
|---|---|
| Copper-Clad Laminates | 100% |
| PCBs | 20% |
| Camera modules | 15% |
Polypropylene films and capital equipment are also target segments.