Electronics Manufacturing Scheme

The 12 new ECMS projects are expected to generate production worth ₹39,045 crore and create 7,127 direct jobs, while the ISM 2.0 portal will accept only complete applications.

The government has collected a total of Rs 3.25 lakh crore from the mobile phone industry in lieu of the Rs 19,000 crore mobile production-linked incentive doled out to the segment, according to data shared by Union minister Ashwini Vaishnaw on Wednesday. The stats shared by the Union electronics and IT minister on X showed that the government paid Rs 19,000 crore in incentives under the scheme and in return collected Rs 25,000 crore as direct tax and Rs 3 lakh crore in the form of Goods and Services Tax (GST) from the beneficiaries. "Electronics manufacturing employs 25 Lakh people; mobile manufacturing alone employs 12 Lakh. Cope harder!!" Vaishnaw said. The minister's post came in response to a media opinion video claiming drawbacks of India's attempt to push electronics manufacturing through subsidies using public money compared to the ecosystem that exists in China. According to the video, the import of components costs India more than it gains from exporting finished mobile .

The Uttar Pradesh government notified the policy on September 4, 2025, but made eligible capital expenditure incurred from April 1, 2025 claimable under the framework

Subsidies can help India build component factories. But can Indian manufacturers match global competitors on cost, scale and efficiency when government support ends? Experts explain

Uttar Pradesh’s new Electronics Component Policy aims to attract investment, boost local manufacturing and reduce India’s dependence on imports.

CLSA downgraded Dixon Technologies to 'Hold' from 'Outperform', cutting its target price to ₹12,100 from ₹15,880 per share

Union Budget 2026-27: FM Nirmala Sitharaman announced several new manufacturing schemes in the Budget 2026 to boost domestic production

The component PLI scheme will increase domestic value addition. The key beneficiaries may be Dixon, Amber and Kaynes among others

Dixon Technologies' Mobile and Electronics Manufacturing Services (EMS) division emerged as the primary engine of the company's success during Q3, analysts said.

This plan will be an overhauled version of the SPECS scheme and is likely to be launched at the start of the next financial year

Govt's mobile manufacturing booster plan: Will iPhone get cheaper in India?

Analysts say the production linked incentive (PLI) scheme will turn Apple's fortunes in India. Will iPhone be more affordable for Indians? Listen to the podcast to know more

IT and BPO firms to get work from home exemption for staff till July 31, says Ravi Shankar Prasad

Till date, proposals worth Rs 1.2 lakh crore were received by the government for electronic manufacturing