The Central government has received investment proposals worth Rs 7,500 crore to Rs 8,000 crore under the Electronics Components Manufacturing Scheme (ECMS), according to a Business Standard report. The initiative, led by the Ministry of Electronics and Information Technology (MeitY), is aimed at enhancing domestic production of critical electronic components and establishing a robust assembly infrastructure.

Around 100 applications have been received from both Indian and international companies proposing to set up manufacturing facilities across the country. “We’ve begun evaluating the applications, and starting late August or early September, approvals will be issued in batches,” a senior government official stated. A project management agency is also being finalised to oversee the scheme's implementation.

The ECMS, with a total outlay of Rs 22,911 crore, will operate for a six-year period. The application window for the scheme opened on May 01, and remains active. According to the report, companies are required to detail the exact number of jobs their proposals will generate in India.

The scheme targets the production of key electronic components such as printed circuit boards (PCBs), non-surface mount device (non-SMD) parts, lithium-ion cells, and more, as part of India’s vision to reduce import reliance and become a global electronics manufacturing hub.