The Ministry of Electronics and Information Technology (MeitY) has approved 22 proposals under the Electronics Components Manufacturing Scheme (ECMS) with projected investment of Rs 418.63 billion, projected production of Rs 2.58 trillion. These approvals are expected to generate 33,791 direct employment opportunities.
These approvals include manufacturing of 11 target segment products, which have cross sectoral application such as mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive and IT hardware products. These 11 products are as follows:
- Five bare components like printed circuit boards (PCB), capacitors, connectors, enclosures and lithium-ion (Li-ion) cell.
- Three sub-assemblies like camera module, display module and optical transceiver.
- Three supply chain items like aluminium extrusion, anode material and laminate (copper clad).
The approvals for PCBs (including HDIs) have been given to nine applicants which include India Circuits Private Limited, Vital Electronics Private Limited, Signum Electronics limited, Epitome Components Private Limited, BPL Limited, AT & S India Private Limited, Ascent-K Circuit Private Ltd, CIPSA TEC India Pvt Ltd and Shogini Technoarts Private Limited.
Further, approval for manufacturing of capacitors, which are essential for energy storage and power conditioning in electronic circuits, has been awarded to Deki Electronics Limited and TDK India Private Limited. For manufacturing of high-speed connectors, approval has been given to Amphenol High Speed Technology India Private Limited. Further, approval for manufacturing of enclosures for mobile, IT Hardware products and related devices are granted to Yuzhan Technology (India) Private Limited, Motherson Electronic Components Private Limited and Tata Electronics Private Limited. Also, an application for manufacturing of Li-ion cells for digital applications, which serve as rechargeable energy storage units for consumer and industrial electronics, has been approved for ATLbattery Technology (India) Private Limited.
In sub-assembly category, approval has been given to Dixon Electroconnect Private Limited for manufacturing of optical transceiver (SFP); Kunshan Q Tech Microelectronics (India) Private Limited for manufacturing of camera module sub assembly; and Samsung Display Noida Private Limited, for manufacturing of Display Module Sub-Assembly.
Furthermore, approvals have also been given to NPSPL Advanced Materials Private Limited for manufacturing of Anode material which is a critical item for Li-ion cell manufacturing that determines energy density and life-cycle of Li-ion cells; Wipro Global Engineering and Electronic Materials Private Limited for manufacturing of laminate (copper clad), which is the base material for PCB manufacturing and constitutes a significant part (approximately 30 per cent) of the bill of materials of PCB manufacturing; and Hindalco Industries Limited for manufacturing of aluminium extrusion for mobile phones enclosures, which are currently being 100 per cent imported.
The approved units are spread across eight states including Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh and Rajasthan. With the latest tranche of approvals, a total of 46 applications have been approved under the ECMS so far across 11 states, with a total investment of Rs 545.67 billion, generating direct employment for about 51,000 people.
Commenting on the occasion, minister for Electronics and Information Technology noted that this programme has strengthened India’s electronics manufacturing ecosystem, enabling large portions of domestic demand to be met indigenously. Outlining the vision for the electronics sector, he noted that India would still be a very young demography in 2047 when growth would have stopped in many other economies. He added that India would be the only economy which will continue to grow till 2100 and hence it is important to set all the structural foundational blocks in place, so that the growth continues.
Meanwhile, minister of state for Electronics and Information Technology mentioned that India is being seen as the next big electronics manufacturing destination and is emerging as a reliable partner amidst global geopolitical uncertainty.
In addition, secretary, MeitY, highlighted that the applications approved in the current tranche are important for the electronic manufacturing ecosystem of the country and help realise one of the significant goals of ECMS.