New Delhi: Union Minister for Railways, Electronics and IT, Ashwini Vaishnaw on Tuesday said that as electronics component manufacturing gains momentum in India, the sector’s growth will create thousands of new jobs.
The government has approved the first tranche of seven projects worth over ₹5,500 crore under the Electronics Components Manufacturing Scheme (ECMS), marking a major step toward strengthening India’s electronics value chain.
According to an official statement, the initiative underscores the government’s commitment to building a strong domestic base for high-value components, supporting large-scale manufacturing and reducing import dependence.
Sharing an update on social media platform X, Vaishnaw said, “Smartphone exports hit a new record of USD 1.8 billion in September 2025. Electronics items are now the third-largest category among India’s exported goods.”
The minister emphasized that the sector’s rapid expansion will generate thousands of employment opportunities across the country.
India’s electronics sector has witnessed remarkable growth in recent years, emerging as the third-largest and fastest-growing export category in FY 2024–25. The ECMS aims to build on this success and position India as a global hub for advanced electronics manufacturing, the statement added.
Launched on April 8, the ECMS is designed to integrate India’s electronic manufacturing ecosystem with global value chains by encouraging domestic production of essential components, sub-assemblies, and raw materials.
As of September 30, total investment commitments under the scheme have reached ₹1.15 lakh crore, nearly double the original target of ₹59,350 crore. Over the next six years, the scheme is expected to generate production worth ₹10.35 lakh crore, which is 2.2 times higher than initial projections.
In September alone, smartphone exports crossed an estimated $1.8 billion, registering a year-on-year growth of over 95%, further reinforcing India’s rise as a global electronics manufacturing powerhouse.
