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Govt clears 17 new projects under components scheme
Financial Express Mumbai
|November 18, 2025
THE GOVERNMENT ON Monday approved 17 new projects worth 7,172 crore under Electronics Components Manufacturing Scheme (ECMS), raising total approvals to 24.
The newly sanctioned proposals are projected to generate around 65,000 crore worth of incremental production, creating 11,808 new jobs, according to official estimates, and are spread across nine states - Karnataka, Maharashtra, Tamil Nadu, Gujarat, Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Goa and Jammu & Kashmir - marking a shift towards wider geographical distribution instead of concentration around existing hubs.
The players include Jabil Circuit India, Aequs Consumer Products, Uno Minda, ASUX Safety Components India, Zetfab India, TE Connectivity India, Syrma Mobility and Meena Electrotech, among others.
"This marks the first time that optical transceivers and quartz crystal oscillators will be manufactured in India, along with 40-layer PCBs," Electronics and IT Minister Ashwini Vaishnaw said at an industry event organised by India Cellular & Electronics Association (ICEA), calling them as "high-precision components that deepen India's electronics value chain beyond assembly-led manufacturing".
This story is from the November 18, 2025 edition of Financial Express Mumbai.
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