NEW DELHI : Centre has approved 22 new proposals under the third tranche of the Electronics Components Manufacturing Scheme, involving a projected investment of 41 thousand 863 crore rupees. These approvals cover the manufacturing of 11 target-segment products, including mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive, and IT hardware.
Speaking on the occasion, Electronics and IT Minister Shri Ashwini Vaishnaw said, the implementation of major reforms and the acceleration of execution are key hallmarks of the Modi government. He encouraged electronics component manufacturers to establish design teams, specifically highlighting the need for a common design ecosystem.
The approvals for PCBs (including HDIs) have been given to 9 applicants which include India Circuits Private Limited, Vital Electronics Private Limited, Signum Electronics limited, Epitome Components Private Limited, BPL Limited, AT & S India Private Limited, Ascent-K Circuit Private Ltd, CIPSA TEC India Pvt Ltd and Shogini Technoarts Pvt Ltd. Further, approval for manufacturing of Capacitors, which are essential for energy storage and power conditioning in electronic circuits, has been awarded to Deki Electronics Limited and TDK India Private Limited, a major global manufacturer of electronic components and systems. For manufacturing of high-speed Connectors, approval has been given to Amphenol High Speed Technology India Private Limited. Further, approval for manufacturing of Enclosures for Mobile, IT Hardware products and related devices are granted to Yuzhan Technology (India) Private Limited, a global manufacturer of electronic components, Motherson Electronic Components Private Limited, a leading Indian manufacturer of electronic components and systems, and Tata Electronics Private Limited, a leading Indian electronics manufacturer and a trusted global brand. Also, an application for manufacturing of Li-ion cells for digital applications, which serve as rechargeable energy storage units for consumer and industrial electronics, has been approved for ATLbattery Technology (India) Private Limited, one of the leading global players in Li-ion cells manufacturing.
In sub-assembly category, approval has been given to Dixon Electroconnect Private Limited for manufacturing of Optical Transceiver (SFP); Kunshan Q Tech Microelectronics (India) Private Limited for manufacturing of Camera Module Sub Assembly; and Samsung Display Noida Private Limited, one of the top global Electronics brands, for manufacturing of Display Module Sub-Assembly..
The approved units are spread across eight states viz. Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh and Rajasthan, reinforcing the Government’s focus on geographically balanced industrial growth and expansion of electronics manufacturing across the country. With the latest tranche of approvals, a total of 46 applications have been approved under the ECMS so far across 11 states, with a total investment of Rs. 54,567 crores, generating direct employment for about 51,000 people.
Speaking on the occasion, Minister for Electronics and Information Technology Shri Ashwini Vaishnaw noted that this programme has strengthened India’s electronics manufacturing ecosystem, enabling large portions of domestic demand to be met indigenously. Outlining the vision for the electronics sector, he noted that India would still be a very young demography in 2047 when growth would have stopped in many other economies. He added that India would be the only economy which will continue to grow till 2100 and hence it is important to set all the structural foundational blocks in place, so that the growth continues.
Minister of State for Electronics and Information Technology Shri. Jitin Prasada said that India is being seen as the next big Electronics manufacturing destination and is emerging as a reliable partner amidst global geopolitical uncertainty.
Meity Secretary Shri S. Krishnan said that the applications approved in the current tranche are important for the electronic manufacturing ecosystem of the country and help realise one of the significant goals of ECMS.
These approvals will significantly strengthen domestic supply chains, reduce import dependence for critical electronic components, and support the growth of high-value manufacturing capabilities in India.
These approvals under the Electronics Component Manufacturing Scheme reflects a bold, forward-looking step in electronics manufacturing journey, which is closely aligned with the Prime Minister Narendra Modi’s vision of making India a global hub for electronics manufacturing.
Further, to deepen the electronics manufacturing supply chain, approvals have also been given to NPSPL Advanced Materials Private Limited for manufacturing of Anode material which is a critical item for lithium-ion cell manufacturing that determines energy density and life-cycle of Li-ion cells; Wipro Global Engineering and Electronic Materials Private Limited for manufacturing of Laminate (Copper Clad), which is the base material for PCB manufacturing and constitutes a significant part (~30%) of the bill of materials of PCB manufacturing; and Hindalco Industries Limited for manufacturing of Aluminium Extrusion for mobile phones enclosures, which are currently being 100% imported.
These approvals reflect a forward-looking step in the electronics manufacturing journey, which is closely aligned with Prime Minister Shri Narendra Modi’s vision of making India a global hub for electronics manufacturing.