“The Electronics Component Manufacturing Scheme (ECMS) has received applications for incentives in excess of the targets set by the Union Cabinet,” the Ministry of Electronics and Information Technology said on Thursday (October 2, 2025). As of September 30, which was the deadline for applying for incentives for most products under the ECMS’s remit, the IT Ministry has received applications with investment promises of ₹1,15,351 crore, while the target is just ₹59,350 crore.
The ECMS was unveiled in April as a complement to the India Semiconductor Mission, with an outlay of ₹22,919 crore, with output- and employment-linked incentive payouts to approved applicants. The scheme was announced as a way of encouraging the growth of components other than finished goods and semiconductor fabrication in India, to deepen the value chain of electronics manufacturing in India.
“Against a production target of ₹4,56,500 crore, we have received production estimates more than ₹10,34,000 crore” over the scheme’s six year tenure, IT Minister Ashwini Vaishnaw told presspersons. “[For] employment we have targeted 91,600 persons, but here the employment which is expected is one and a half times more at 1,41,000 persons.”
