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Outlay for electronics items doubled
Financial Express Delhi
|February 02, 2026
THE BUDGET HAS sharpened the push to make India a global electronics manufacturing hub by sharply raising outlay under the Electronics Components Manufacturing Scheme (ECMS) and removing a key tax hurdle that had deterred foreign companies such as Apple from supplying machinery to their Indian contract manufacturers.
It has nearly doubled the ECMS allocation to ₹40,000 crore, citing strong early response and investment commitments that have already exceeded initial targets. The scheme supports domestic production of components such as printed circuit boards, lithium-ion cells, camera modules and telecom sub-assemblies.
This story is from the February 02, 2026 edition of Financial Express Delhi.
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