Poging GOUD - Vrij

Outlay for electronics items doubled

Financial Express Hyderabad

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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.

- 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.

MEER VERHALEN VAN Financial Express Hyderabad

Financial Express Hyderabad

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Deal allows India to maintain farm safeguards, says Trump aide Greer

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2 mins

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Double-digit volume growth month-on-month likely

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3 mins

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Aditya Birla Lifestyle net rises 14.4% to ₹69 cr

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Financial Express Hyderabad

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time to read

1 min

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Financial Express Hyderabad

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Financial Express Hyderabad

Deal done, but uncertainties linger; experts await fine print

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time to read

1 min

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Financial Express Hyderabad

Walmart market value hits $1 trn for first time

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time to read

1 min

February 04, 2026

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