India's Electronics Manufacturing Gets ₹41,863 Cr Boost, 33,791 New Jobs

• Central Government approved 22 new proposals under ECMS (third phase), attracting ₹41,863 crore investment and generating ₹2,58,152 crore production.
• The approvals will create 33,791 new jobs, strengthening India's electronics manufacturing ecosystem and reducing import dependence.
• Major investment comes from Apple supply chain vendors like Motherson Electronic Components, Tata Electronics, Yuzhan Technology India (Foxconn unit), and Hindalco Industries.
• Projects will be established across 8 states, with the largest investment in enclosures (₹27,166 Cr), PCBs (₹7,377 Cr), and Li-ion cells (₹2,922 Cr).
• The proposals cover 11 target product segments, including bare components, sub-assemblies, and supply-chain items for various electronics.

Why It Matters: New ECMS approvals inject ₹41,863 Cr, creating 33,791 jobs and boosting India's electronics manufacturing.