ENA Sectors 2026-01-02 16:46:57 <p><span style="font-size:14px"><strong>New Delhi, Jan 2 (KNN)</strong> The Ministry of Electronics and Information Technology (MeitY) on Friday announced the approval of 22 new proposals under the Electronics Components Manufacturing Scheme (ECMS), with a projected investment of Rs 41,863 crore and expected production of Rs 2,58,152 crore.</span></p> <p><strong><span style="font-size:14px">Major Players and Employment Impact</span></strong></p> <p><span style="font-size:14px">The approved proposals include projects by prominent companies such as Dixon, Samsung Display Noida Pvt Ltd, Foxconn (Yuzhan Technology India Pvt Ltd), and Hindalco Industries. </span></p> <p><span style="font-size:14px">The new approvals are expected to generate 33,791 direct employment opportunities.</span></p> <p><span style="font-size:14px">These approvals follow an earlier tranche of 24 projects with an investment of Rs 12,704 crore, demonstrating a continued push to expand Indias electronics manufacturing ecosystem, reported PTI. </span></p> <p><strong><span style="font-size:14px">Product Segments and Cross-Sectoral Applications</span></strong></p> <p><span style="font-size:14px">The 22 approved projects span 11 target product segments with cross-sectoral applications, covering areas such as mobile manufacturing, telecom, consumer electronics, strategic electronics, automotive, and IT hardware. </span></p> <p><span style="font-size:14px">Among these, five focus on bare components like PCBs, capacitors, connectors, enclosures, and Li-ion cells; three involve sub-assemblies, including camera modules, display modules, and optical transceivers; and three relate to supply chain items such as aluminium extrusion, anode material, and laminates.</span></p> <p><strong><span style="font-size:14px">Geographical Spread and Policy Objectives</span></strong></p> <p><span style="font-size:14px">The projects are distributed across eight states: Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan, reflecting the governments emphasis on balanced regional industrial development.</span></p> <p><span style="font-size:14px">MeitY stated that these approvals aim to strengthen domestic electronics supply chains, reduce import dependence for critical components, and promote high-value manufacturing capabilities in India. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 44642 https://knnindia.co.in/news/newsdetails/sectors/22-ecms-projects-sanctioned-with-rs-41863-cr-investment-33791-jobs-expected-meity 2026-01-02 16:46:57 knnindia.co.in