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ECMS Draws ₹1.15 Lakh Crore in Bids as 249 Applications Far Exceed Targets

Approvals will proceed on a first‑come basis under a fast‑track review.

Overview

  • The ministry logged ₹1,15,351 crore in proposed investment across 249 filings, against an initial target of ₹59,350 crore.
  • Applicants project ₹10.34 lakh crore in output over six years and about 1.41 lakh direct jobs.
  • The projected fiscal incentive outgo is now pegged at ₹41,468 crore, up from ₹22,805 crore budgeted.
  • Scrutiny has begun, payouts will be first‑come‑first‑served, and the capital‑equipment window stays open until April 2027.
  • About 60% of applicants are MSMEs, interest is highest in electro‑mechanicals and multilayer PCBs, and one proposal tops ₹22,000 crore.