New Delhi, January 2: The Indian government’s recent Production Link Approval (PLI) of 22 new proposals under the third tranche of the Electronics Components Manufacturing Scheme (ECMS) has been widely praised by the industry as a major leap forward in enhancing India’s manufacturing capabilities in electronics components. The initiative aims to create globally competitive leaders in the sector while fostering robust domestic supply chains.
With this third tranche, the total number of ECMS-approved projects has now reached 46, attracting investments exceeding Rs 54,500 crore. Earlier tranches saw the approval of seven projects worth Rs 5,532 crore in October and 17 projects amounting to Rs 7,172 crore in November. The swift expansion of these approvals underscores the growing optimism surrounding India’s electronics manufacturing sector.
Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), highlighted the significance of the latest tranche, stating, “The approval of the third tranche signifies a transformative shift in India’s electronics manufacturing ecosystem. Starting the year with such large-scale investments sends a strong message that India is moving toward a future built on sustainable, value-driven manufacturing.”
The ECMS is playing a key role in building homegrown champions in the electronics components industry. It is also strengthening India’s position as a reliable player in the global electronics supply chain, particularly in critical sectors such as mobile phones, telecom equipment, consumer electronics, IT hardware, and automobiles.
Mohindroo further added, “This momentum reflects global confidence in India’s policy framework and reaffirms our shared commitment to building a competitive, self-sufficient electronics ecosystem.”
According to the Ministry of Electronics and Information Technology (MeitY), the 22 projects approved in this tranche are expected to generate production worth Rs 2,58,152 crore and create nearly 34,000 direct jobs. This brings the cumulative production value of all ECMS-approved projects to Rs 3,67,669 crore, more than doubling the Rs 1,09,517 crore from the first two tranches, marking significant progress in India’s electronics manufacturing journey.
The new approvals cover 11 critical product categories, including mobile phones, printed circuit boards (PCBs), capacitors, connectors, and lithium-ion cells, as well as advanced sub-assemblies like camera modules, display modules, and optical transceivers. These areas are essential for strengthening India’s domestic manufacturing and reducing reliance on imports.
The projects will be executed across eight states: Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan, ensuring balanced growth and resilient supply chains nationwide in line with the government’s vision.
ICEA congratulated industry leaders such as Tata Electronics, Dixon, Motherson, ATL Battery, TDK, Yuzhan Technology (India) Private Limited, and India Circuits for their successful approvals under this tranche.
