India Expands PCB, Li-ion & Display Module Production

• ECMS boosts production of PCBs, Li-ion cells, and other electronics
• 46 projects approved, ₹54,567 crore committed, ₹2.58 lakh crore projected output
• Supports exports, supply-chain integration, and $500B electronics goal by 2030

The Electronics Component Manufacturing Scheme (ECMS) is at the forefront of the transformation of India’s electronics ecosystem which will done so with the help of the domestic production of critical components like printed circuit boards (PCBs), Li-ion cells, connectors, camera and display modules, and mobile enclosures capacitors, anode materials, and copper-clad laminates among others.

The scheme will not only reduce imports but also enhance cost competitiveness and make the supply chain more resilient by strengthening the upstream manufacturing. It is a strategy to place India as the world's leading destination for high-value electronics.

Till date, 46 ECMS applications have been accepted since the start of the scheme, and their total proposed investment is ₹54,567 crore.

The third tranche of approvals consists of 22 projects that span across eight states and the announcement was made recently, Karnataka, Maharashtra, Tamil Nadu, Haryana, Uttar Pradesh, Andhra Pradesh, Rajasthan, and Madhya Pradesh, consisting of overall investment of ₹41,863 crore and the expectation of production worth ₹2.58 lakh crore.

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Among others, some of the prime projects are the first anode material plant for Li-ion cells in India, a second facility for copper-clad laminates used in PCBs, and an aluminum extrusion plant for mobile enclosures.

The ECMS has been a significant factor in not only the substitution of imports but also the enhancement of the exportability of precision mobile enclosures and other components, thus making Indian companies a part of the Global Value Chains (GVCs). The largest category still remains PCBs, as nine of the 22 recently approved projects are given to them.

The scheme’s initial Cabinet approval in March 2025 for ₹22,919 crore in funding has paved the way for the ECMS to attract strong interest from domestic and global firms.

The first phase alone has seen 249 applications representing an investment of ₹1.15 lakh crore and the projected production of ₹10.34 lakh crore. Minister Ashwini Vaishnaw has pointed out that ECMS is pivotal in realizing a $500 billion electronics manufacturing ecosystem in India by 2030-31.