Electronics Components Manufacturing Scheme

Electronics Components Manufacturing Scheme Latest News

Recently, the Ministry of Electronics and Information Technology (MeitY) has approved 31 more applications under the Electronics Components Manufacturing Scheme (ECMS). 

About Electronics Components Manufacturing Scheme

• It was launched in 2025 by the Ministry of Electronics and Information Technology.
• Objective: To develop a robust component manufacturing ecosystem by attracting investments (global / domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).
• The scheme will offer three incentive structures
  • Turnover-linked incentive (based on revenue)
  • Capex-linked incentive (for investments in plants & machinery)
  • Hybrid incentive model (a combination of both)
• Employment generation will be a mandatory requirement for all applicants, including both component manufacturers and capital equipment producers.
• Tenure: It has a six-year tenure with a one-year gestation period for the Turnover Linked Incentive and the Capex Incentive is available for a five-year period. 
• The scheme focuses particularly on passive electronic components. In contrast, active components fall under the purview of the India Semiconductor Mission (ISM).
• Target: It promotes the manufacturing of select passive electronic components, including resistors, capacitors, speakers, microphones, special ceramics, relays, switches, and connectors.

Source: IE

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