The Ministry of Electronics & IT has officially launched the Electronics Component Manufacturing Scheme (ECMS) — a transformative policy aimed at building a self-reliant and globally competitive electronics manufacturing ecosystem in India.
🔹 Total outlay of ₹22,919 crore
🔹 Focus on Sub-assemblies, Bare & Selected Components, and Capital Equipment
🔹 Structured incentives: Turnover-linked, Capex, and Hybrid models
🔹 Aligned with goals of value addition, export growth, and employment generation