Outlay for electronics items doubled

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.

- OJASVI GUPTA

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.