Govt clears 31 electronics component proposals worth Rs 7,877 crore

The government has approved 31 new investment proposals worth Rs 7,877 crore to boost domestic manufacturing of electronics components, IT Ministry secretary S. Krishnan announced on Monday. He said the total investment proposals received so far under the Electronics Components Manufacturing Scheme (ECMS) have reached Rs 69,548 crore, exceeding the target of Rs 59,350 crore.

The approved companies include GX Group, Centum Electronics, Ennovi Mobility Solutions, Allied Engineering Works, Globe Capacitors, Syrma SGS Technology, Rosenberger Interconnect, Sensata Technologies, and Britannia RFID Technologies. The manufacturing facilities will be set up across 10 states, strengthening the domestic supply chain for electronics components.

The projects are expected to generate goods worth Rs 82,243 crore and create about 10,000 jobs, according to Krishnan. The ECMS was launched in April 2025 to provide incentives for companies setting up domestic manufacturing units for electronics components.