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Tata, Motherson & Foxconn arm lead ₹41,863 cr ECMS approvals
Financial Express Mumbai
|January 03, 2026
MOBILE PHONE ENCLOSURES emerged as the biggest focus area as the government on Friday cleared 22 projects under the Electronics Components Manufacturing Scheme (ECMS) worth 41,863 crore with homegrown Tata Electronics and the Motherson Group, along with Foxconn’s India arm Yuzhan Technology, leading the list of beneficiaries.
The approvals and projected production worth ₹2.58 lakh crore, are expected to generate nearly 33,791 direct jobs. Enclosures alone accounted for over ₹27,000 crore of the total investment, highlighting government’s push to localise high-value, scale-intensive components in the smartphone supply chain.
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MÁS HISTORIAS DE Financial Express Mumbai
Financial Express Mumbai
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1 mins
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2 mins
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Financial Express Mumbai
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2 mins
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Financial Express Mumbai
Dec retail inflation to be around 1.45%: FE Poll
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2 mins
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Financial Express Mumbai
Higher US tariffs loom over India
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3 mins
January 09, 2026
Financial Express Mumbai
Airlines set to step up bank borrowing
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2 mins
January 09, 2026
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