Source: ET
Context: The Ministry of Electronics and Information Technology (MeitY) approved projects collectively worth ₹7,877 crore for incentives under the Electronics Component Manufacturing Scheme (ECMS).
What is ECMS?
- A scheme to build domestic manufacturing of electronic components — the parts that go inside finished devices, which India has largely imported even while assembling phones and laptops here.
- How incentives work: approved projects receive turnover-linked or capex-linked incentives upon achieving key milestones.
Components Being Made in India for the First Time
The approved projects include several parts never manufactured before in India:
- Electrolyte additives
- Hermetic terminals — used for defence-grade sealed assemblies
- Metalised films for capacitors
- Coils
