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IT Ministry approves ₹7,877 crore worth projects under electronic component scheme

IT Ministry approves ₹7,877 crore worth projects under electronic component scheme

Posted on August 17, 2026 By admin


Union Minister of Electronics & Information Technology Ashwini Vaishnaw and Union MoS Jitin Prasada during handing over of Approvals under the Electronics Component Manufacturing Scheme, in New Delhi on August 17, 2026.
| Photo Credit: ANI

The Ministry of Electronics and Information Technology (MeitY) on Monday approved projects collectively worth ₹7,877 crore for incentives under the Electronics Component Manufacturing Scheme (ECMS).

The projects include several electronic parts that have not been manufactured before in India, including electrolyte additives, hermetic terminals (used for defence-grade sealed assemblies), metalised films for capacitors, and coils.

The ECMS has so far approved projects collectively worth ₹69,548 crore, and these will receive turnover- or capex-linked incentives upon achieving key milestones.

IT firm Wipro’s laminates project had a ₹1,033 crore increase in project value, which is reflected in the project total shared by the Ministry, leaving ₹6,844 crore in approvals for fresh projects.

IT Minister Ashwini Vaishnaw said that India was “fully atmanirbhar” (autonomous) in approved projects’ planned supplies of enclosures for devices, relays (which are being exported also), anode material, and optical transceivers. Laminates are being produced at 80% of domestic demand, with connectors, lithium ion cells and transducers at 75%, 60%, and 55% domestic production respectively.

“We are yet to reach the employment target [under the scheme], but we will reach that shortly,” IT Secretary S. Krishnan said in his remarks. “This is one of the fastest moving programmes of the ministry currently, with a large number of approvals coming up every week. We have a cadence where almost every week or 10 days we have an approval meeting where we sit down and clear whatever proposals we can bring out.”

“We have 10 States of the country which are covered in the applications which are being currently approved,” he added.

The tranche approved on Monday includes projects in Himachal Pradesh, Uttarakhand, Uttar Pradesh, Haryana, Gujarat, Maharashtra, Goa, Karnataka, Tamil Nadu and Telangana. Tamil Nadu had the highest approvals in this tranche, with seven project approvals.

“We expect that these approvals will result in a total output of production of ₹82,243 crore, with an employment of close to 10,000 persons,” Mr. Krishnan added.

Published – August 17, 2026 09:10 pm IST



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Business Tags:Ashwini Vaishnaw, electronic component manufacturing scheme, india electricals industry, ministry of it

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