India backs $4.6bn electronics manufacturing push with new project approvals

Details: Manny Pham; Category: Regulation; 05 January 2026; 4224 views

India’s government has approved a fresh batch of electronics manufacturing projects worth INR418.6 billion (US$4.6 billion), as it steps up efforts to build domestic supply chains for telecoms, mobile and IT hardware.

The Ministry of Electronics and Information Technology (MEitY) said 22 projects have been cleared under its Electronics Components Manufacturing Scheme (ECMS), with beneficiaries including Samsung Electronics, Foxconn and Tata Electronics.

The approved projects span 11 component segments, covering areas such as mobile devices, telecoms equipment, consumer electronics, automotive electronics and IT hardware. MEitY said the investments are expected to create nearly 34,000 direct jobs.

Manufacturing activity will be spread across eight states, part of a broader push to distribute electronics production more evenly across the country rather than concentrating it in a handful of industrial hubs.

The latest approvals bring the total number of projects cleared under the ECMS to 46 across 11 states, with combined planned investment of INR545.7 billion.

Electronics and IT minister Ashwini Vaishnaw said the programme has helped strengthen India’s electronics manufacturing base and reduce reliance on imports by meeting a greater share of domestic demand locally.

He added that India’s long-term demographic profile positions it to benefit from continued growth in digital and electronics industries, even as expansion slows in more mature economies.

The ECMS was launched in March 2025 and is scheduled to run for six years, offering state-backed incentives to encourage local production of electronic components.