Electronics Components Manufacturing Scheme Phase-III Strengthens India’s Import Substitution Drive
The Union government has approved the third phase of the Electronics Components Manufacturing Scheme (ECMS) with a substantial outlay of ₹41,863 crore , marking a major step in India’s strategy to deepen domestic electronics manufacturing. The decision reinforces the country’s objective of reducing import dependence, strengthening supply-chain resilience, and building a globally competitive electronics component ecosystem aligned with industrial growth and export ambitions.
Key Approvals and Industry Participation
The latest phase has cleared proposals from leading domestic and global players, including BPL , Wipro Hydraulics , Motherson Electronics , Tata Electronics , Samsung Display , Dixon Electronics and ATL Battery Technology .
Union Minister for Electronics and IT Ashwini Vaishnaw said that across all phases, ECMS has recorded 46 approvals , underlining strong industry confidence in India’s policy framework.
Investment, Employment and Timelines
With Phase-III approvals, cumulative investment under ECMS has reached ₹54,567 crore , generating direct employment for nearly 51,000 people . The Centre has given approved firms six weeks to submit detailed manufacturing plans covering capacity expansion, component focus areas, and technology needs. Financial and policy support will be calibrated based on these plans.
Boost to Domestic Capabilities
The scheme has already contributed to reduced imports of printed circuit boards, lithium-ion cells, connectors, camera modules and display components. Simultaneously, India has developed export capabilities in high-precision mobile phone enclosures, strengthening its role in global electronics supply chains.
Important Facts for Exams
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ECMS focuses on electronics components, not just finished products
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Phase-III outlay is ₹41,863 crore
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Total ECMS investment has crossed ₹54,000 crore
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Employment generation is a key objective
Month: Current Affairs - January 03, 2026
Category: Indian Economy