The Ministry of Electronics and Information Technology (MeitY) approved 22 new projects under the ₹22,919 crore Electronics Component Manufacturing Scheme (ECMS), under which firms making electronics parts will receive payouts based on incremental production and employment. The projects approved under Friday’s tranche amount to a combined investment of ₹41,863 crore, the IT Ministry said. Small firms around the country as well as established heavyweights like Tata Electronics Pvt Ltd and Samsung’s display assembly facility in Noida will receive ECMS incentives, IT Minister Ashwini Vaishnaw said. The ECMS payouts are likely to be a race, as the government will award incentives to the firms who finish their production roadmap first, incentivising firms to rapidly commence eligible production. The scheme is a key focus in the electronics manufacturing efforts by the Union government, aside from the semiconductor fabrication and assembly facilities that are receiving capital subsidies.

Source: The Hindu January 02, 2026 18:00 UTC