From vision to commitment: IESA members champion investments under India’s ECMS Policy

IESA has applauded MeitY for the second trench of ECMS-approved applications of Rs. 7,100 cr investment.

The ECMS initiative signals India’s decisive push into high-value electronics components, including HDI and multi-layer PCBs, camera modules, copper-clad laminates, passive components, etc., — all of which are critical to defence, telecom, EVs, renewable energy, automotive, and consumer electronics manufacturing.

Speaking at the session on “Celebrating the Success of ECMS” held in New Delhi, and graced by Union Minister Ashwini Vaishnaw, MoS Jitin Prasada, and MeitY Joint Secretary, Sushil Pal, Ashok Chandak, President, IESA, said:
“India’s electronics value-add is now accelerating from policy to production. With semiconductor projects already in execution, and the ECMS scheme gathering strong momentum, IESA member companies are among the earliest approvals, with many more in the pipeline. India is building a robust foundation in component manufacturing — reducing import dependence, strengthening supply chains, and creating high-skill jobs for the global electronics economy.”

The ECMS scheme complements India’s broader initiatives — the Electronics Manufacturing PLI, the India Semiconductor Mission (ISM) for semiconductor fabs and OSTAs, the DLI scheme for fabless design, and RDI for research and innovation — completing a seamless value chain from materials to components, chips to devices, and design to manufacturing.

India is steadily transforming its vision into reality — emerging as a trusted global hub for electronics manufacturing and taking a major step toward becoming a true “Product Nation” for the world, Chandak added.