HT Bureau
GUWAHATI, Nov 17: The India Electronics and Semiconductor Association (IESA) has applauded MeitY for approving the second tranche of ECMS applications amounting to ₹7,100 crore.
The ECMS initiative marks India’s push into high-value electronics components, including HDI and multi-layer PCBs, camera modules, copper-clad laminates and passive components, all of which are vital for defence, telecom, EVs, renewable energy, automotive and consumer electronics manufacturing.
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Speaking at the session on “Celebrating the Success of ECMS” held in New Delhi, and attended by Union minister Ashwini Vaishnaw, minister of state Jitin Prasada and MeitY Joint Secretary Sushil Pal, IESA president Ashok Chandak said India’s electronics value-addition is now accelerating from policy to production.
He noted that with semiconductor projects already underway and the ECMS scheme gaining momentum, IESA member companies feature among the earliest approvals, with more applications in the pipeline.
India, he said, is building a strong foundation in component manufacturing, reducing import dependence, strengthening supply chains and creating high-skill jobs for the global electronics economy.
The ECMS scheme complements India’s wider initiatives, including the Electronics Manufacturing PLI, the India Semiconductor Mission for fabs and OSTAs, the DLI scheme for fabless design and RDI for research and innovation, completing an integrated value chain from materials to components, chips to devices and design to manufacturing.
India is steadily translating its vision into reality, emerging as a trusted global hub for electronics manufacturing and taking a significant step toward becoming a true “Product Nation”, Mr. Chandak added.
