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MeitY Approves 22 Electronics Component Projects Worth ₹41,863 Crore Under ECMS

The move targets stronger domestic supply chains to cut import dependence.

Overview

  • Third-tranche clearances on Jan. 2 cover proposals with projected output of ₹2.58 lakh crore, taking total ECMS approvals to 46 projects.
  • The ministry estimates 33,791 direct jobs from this round, with some reports indicating nearly 37,000 total positions.
  • Approvals span 11 target segments across core components, sub-assemblies and upstream materials, including PCBs, capacitors, camera and display modules, and aluminium extrusion.
  • Projects will be set up across eight states: Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh and Rajasthan.
  • Participants include Dixon, Samsung Display Noida, Foxconn’s Yuzhan Technology India, Tata Electronics, Motherson and Hindalco, with reporting noting Foxconn’s first component-ecosystem investment in India and a Dixon JV involving a Singapore-based subsidiary of a Chinese company.