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New electronic component scheme to double local value addition to 40% over five years: Elcina

by Euro Times
October 5, 2025
in Business
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File proposals submitted beneath India’s first scheme for non-semiconductor digital elements are prone to double native worth addition within the manufacturing of completed items to as much as 40 per cent over the subsequent 5 years, in keeping with trade physique Elcina.

The electronics element makers’ physique has urged state governments to boost ease of doing enterprise to help the Centre’s Electronics Part Manufacturing Scheme (ECMS).

ECMS has obtained funding proposals price ₹1.15 lakh crore, which is greater than double the goal of ₹59,000 crore envisaged beneath the scheme.

“It is a recreation changer and has the potential to spice up worth addition of India’s electronics manufacturing eco-system from the present 15-20 per cent to 35-40 per cent over the subsequent 5 years and past,” Elcina Secretary Normal Rajoo Goel mentioned in a press release.

A complete of 249 corporations have submitted purposes, which shall be screened by a committee earlier than approval.

Union Minister for Electronics and IT Ashwini Vaishnaw on October 2 introduced that towards a manufacturing goal of ₹4,56,500 crore, the proposal has come for manufacturing electronics elements price greater than ₹10,34,000 crore.

The ECMS has obtained the best funding proposal of ₹35,813 crore for enclosures or the physique of cellphones, IT {hardware} merchandise and different associated gadgets.

At current, Tata Electronics is among the main gamers within the enclosure section, which manufactures merchandise for iPhones.

Main segments the place gamers have submitted proposals for giant investments embody versatile printed circuit boards (₹16,542 crore), electro-mechanical elements (₹14,362 crore), multi-layer PCB (₹14,150 crore), provide chain of sub-assemblies and naked elements (₹9,226 crore), show module sub-assembly (₹8,642 crore), digital camera module sub-assembly (₹6,205 crore) and lithium ion cells (₹4,516 crore).

Elcina mentioned there are a number of world corporations collaborating in ECMS.

“Electro-mechanicals, enclosures for IT Merchandise, multi-layer PCBs and versatile PCBs (printed circuit boards) have obtained the biggest worth and quantity of proposals. Over 100 corporations have proposed investments in extra of ₹65,000 crore in these 3 segments alone,” the trade physique mentioned.

Funding proposals of ₹2,103 crore have been obtained for capital items utilized in electronics manufacturing, ₹1,645 crore for optical transceivers, ₹1,608 crore in non-SMD passive elements and ₹535 crore for SMD passive elements.

Elcina President Sasi Gandhanam mentioned the overwhelming participation within the ECMS exhibits the rising confidence in India as a producing hub.

“Elcina urges state governments to proactively help this momentum via ease of doing enterprise measures and supportive incentives, which is able to unlock additional investments, generate large-scale employment for the expert workforce and have a multiplier impact on the economic system,” Gandhanam mentioned.

Cell machine producers’ physique ICEA chairman Pankaj Mohindroo mentioned ECMS proposals will result in the agency institution of sub-assemblies and elements within the nation, which considerably will increase India’s manufacturing prowess and world competitiveness.

“This scheme is secular and horizontal for all verticals of electronics, thereby constructing core competency and capability,” Mohindroo mentioned.

Printed on October 5, 2025



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