The government approved 29 ECMS applications worth ₹7,104 crore, taking total approvals to 75 across 16 product categories. Projects will create 14,246 jobs and ₹84,515 crore output. According to the Economic Survey 2025–26, electronics have become India’s third-largest and fastest-growing export category in FY25, climbing from seventh place in FY22.
As part of its ongoing push to strengthen domestic electronics manufacturing, the government (on March 30, 2026), cleared 29 applications under the fourth tranche of the Electronics Component Manufacturing Scheme (ECMS), involving cumulative investments of ₹7,104 crore. With this new set of approvals, Meity has approved a total of 75 applications.
The newly approved projects span 16 product categories with cross-sector applications across mobile manufacturing, telecom, consumer electronics, automotive, strategic electronics and IT hardware.
The Ministry of Electronics and Information Technology (MeitY) Secretary S. Krishnan noted that the newly approved investment proposals are likely to create approximately 14,246 jobs in the sector, while also enabling the production of electronic components worth ₹84,515 crore.
Under the latest Union Budget, the government announced an increase in the outlay for the Electronics Components Manufacturing Scheme (ECMS) to Rs 40,000 crore to deepen domestic manufacturing capacity. This comes with the Centre’s vision of building a US$ 500 billion domestic electronics manufacturing ecosystem by 2030–31.
As per the Economic Survey 2025-26, electronics have emerged as India’s third-largest and fastest-growing export category in FY25, rising from the seventh position in FY22. In the first half of FY26, electronics exports stood at US$ 22.2 billion, maintaining strong growth momentum and placing the sector on course to become the country’s second-largest exported item.
India’s electronics production has grown from Rs 1.9 lakh crore in FY15 to Rs 11.3 lakh crore in FY25, marking a six-fold increase, official data showed. Exports rose from Rs 38,000 crore to Rs 3.27 lakh crore in the same period.
Mobile manufacturing in India has increased from Rs 18,000 crore in 2014–15 to Rs 5.45 lakh crore in 2024–25. India is now the world’s second-largest mobile phone manufacturer, with more than 300 units operating compared to just two in 2014.
The scheme was notified on April 8, 2025 with an original outlay of Rs 22,919 crore and a tenure of six years, with an optional one-year gestation period. Since its notification, the government has approved 46 applications across 11 states, representing a cumulative investment of Rs 54,567 crore, with a projected production value of Rs 3,67,343 crore.
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