The Indian government has approved a few companies under the Electronics Component Manufacturing Scheme (ECMS), marking a major step toward strengthening India’s electronics manufacturing ecosystem.

The total proposed investment from these companies stands at Rs. 5,532 crore, with a combined production target of Rs. 44,406 crore. The move aims to boost domestic manufacturing, reduce import dependence, and enhance India’s position in the global electronics supply chain.

The approved companies include Kaynes Circuits (a subsidiary of Kaynes Technology), Syrma Strategic Electronics (a subsidiary of Syrma SGS), SRF Ltd, and Ascent Circuits of the Amber Group. Union Minister Ashwini Vaishnaw stated that the initiative is expected to help India save imports worth Rs. 20,000 crore. These compan

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