Tamil Nadu's Electronics Push: Rs 30,000 Cr Investment, 60,000 Jobs

Chief Minister M K Stalin on Wednesday inaugurated the Tamil Nadu Electronics Components Manufacturing Scheme (ECMS), which aims to attract Rs 30,000 crore in investments and generate 60,000 jobs in the state over the next three to five years.

The declaration was made three days after the union government had launched a set of guidelines and a portal for the ECMS announced by it lately. The central scheme with a six-year budgetary outlay of Rs 22,919 crore has hybrid incentives provided by the union government to companies for encouraging employment creation and economic growth.

The Tamil Nadu scheme, a maiden for India, made on Wednesday would provide matching subsidies to firms establishing manufacturing units in the state under the central program, and has been formulated to increase TN's attractiveness in winning domestic and international investments, officials stated.

The state plan encompasses 11 high-growth items, such as flexible printed circuit boards (FPCBs), lithium-ion cells, HDI/MSAP boards, display modules, and passive components. Authorities added that the diversification aims to access rising markets while enhancing the domestic electronics manufacturing ecosystem.

 “Tamil Nadu is putting skin in the game,” said Industries Minister T R B Rajaa. “This sends a strong message that the state is serious about leading India’s electronics push. The scheme will generate high-value jobs and deepen local capabilities,” he said. “We are targeting $100 billion in electronics exports,” Rajaa said.