The Central government has approved another set of proposals under the Electronic Component Manufacturing Scheme, involving investments worth Rs 7,712 crore, IT Secretary S. Krishnan announced on November 17 in New Delhi. Out of 249 applications, 17 were cleared in this round. Notably, this tranche includes the first investment proposal from Jammu and Kashmir. Other approved applicants are spread across Uttar Pradesh, Madhya Pradesh, Karnataka, Maharashtra, Tamil Nadu and several additional states.
Among the 17 approvals, major proposals include Aequs Consumer Products Private Limited with an investment of Rs 1,500 crore and projected production of Rs 7,669 crore. Other companies cleared include Secure Circuits, TE Connectivity India (Rs 612 crore), Jabil Circuit (Rs 957 crore), Zetfab, Zetchem (Rs 55 crore), Micropack (Rs 54 crore), Asux Safety Components, Uno Minda (Rs 264 crore), AT&S India, HI-Q, Infopower Technologies, Syrma Mobility (Rs 250 crore), and J&K-based Meena Electrotech (Rs 111 crore).
Krishnan emphasized that the initiative aims to strengthen India’s electronics value chain at a time when global supply chains are diversifying. IT Minister Ashwini Vaishnaw stressed the need to build strong design teams, maintain six-sigma quality, and develop reliable Indian suppliers. He also announced plans for a new skilling framework for the electronics industry.
