Electronics Component Scheme draws ₹1.15 lakh crore proposals, beats targets

India’s Electronics Component Manufacturing Scheme (ECMS) has attracted investment proposals exceeding ₹1 lakh crore, nearly double the government’s original target, Union Minister for Electronics and IT Ashwini Vaishnaw said on Thursday, highlighting the growing confidence of global players in India’s electronics ecosystem.

According to the Ministry of Electronics and IT, the ECMS had envisaged a target of ₹59,350 crore, but applications received by September 30, 2025, indicate expected investments of ₹1,15,351 crore. Production is projected to reach ₹10,34,751 crore, compared to the target of ₹4,56,500 crore. Employment generation is expected to touch 1,41,801 jobs, nearly 1.5 times the target of 91,600, while incentive outgo is likely to total ₹41,468 crore against the planned ₹22,805 crore.