Govt to Clear More ECMS Proposals Soon; Investment of Around ₹11,150 Crore Expected

Shares of the Adani Group companies saw a strong uptick on the back of renewed optimism following the announcement of the India‑US trade deal.

The Union government is likely to soon approve another batch of applications under the Electronics Component Manufacturing Scheme (ECMS), with a cumulative investment of nearly ₹11,150 crore, government officials said.

The Ministry of Electronics and Information Technology (MeitY) is expected to clear five to seven more proposals, which could collectively generate production worth nearly ₹29,000 crore and create about 19,000 direct jobs once operational, officials added. These units are likely to commence operations in 2026.

The new projects could span sectors such as printed circuit boards, lithium‑ion cells, optical transceivers, aluminium extrusions, anode materials and copper‑clad laminate manufacturing, all crucial elements of the electronics supply chain.

Under the ECMS, which was launched in April 2025 to strengthen domestic electronics component manufacturing, MeitY has already approved 46 applications with a total investment of roughly ₹54,567 crore. These projects, spread across multiple states, are projected to generate ₹3.67 trillion in production and stage significant employment opportunities.

In the Union Budget for 2026–27, the government raised the ECMS outlay to ₹40,000 crore from the initial ₹22,919 crore to accelerate the sector’s growth and support India’s ambitions in the global electronics supply chain.

Officials said further approvals will continue as long as eligible proposals are received, underlining the government’s commitment to building a robust domestic electronics ecosystem.