India Approves 31 Electronics Projects to Boost Self-Reliance
The Government of India approved 31 new electronics manufacturing projects worth Rs 7,877 crore, surpassing initial investment targets for the Electronics Components Manufacturing Scheme.
The Government of India approved 31 new proposals under the Electronics Components Manufacturing Scheme (ECMS) on August 17, 2026, involving investments totaling Rs 7,877 crore. These projects, distributed across 10 states, focus on shifting from assembly-led manufacturing to a components-and-materials-led model. The latest tranche includes the first domestic production of critical raw materials and components such as acetylene black, electrolyte additives, filters, coils, and speakers.
With these approvals, the government has cleared 106 projects to date with cumulative investments of Rs 69,548 crore, exceeding the original target of Rs 59,350 crore. Total expected production has also surpassed targets, reaching Rs 5,34,101 crore against an initial goal of Rs 4,56,500 crore. While employment currently stands at approximately 74,628 persons, officials expect to reach the target of 91,600 shortly. Notable participants include Wipro Global Engineering and Electronic Materials, which increased its investment in copper clad laminates by Rs 1,033 crore.
Union Minister Ashwini Vaishnaw announced that India has achieved full self-reliance in enclosures, relays, optical transceivers, and anode materials, and has begun exporting printed circuit boards to China. He reported that domestic production now meets 80% of laminate demand and 60% of lithium-ion cell demand. To support the goal of a $500 billion electronics ecosystem by 2030, the government increased the scheme's budget to Rs 40,000 crore in the 2026-27 Union Budget.