Wipro, Rockwell, Lohum arms among 12 cos to enter electronics component manufacturing scheme
The govt has approved 12 projects worth ₹7,503 crore under its electronics component manufacturing scheme t produce battery materials, printed-circuit-board inputs and factory equipment
The government of India has approved 12 companies, including Azim Premji's Wipro Enterprises and US firm Rockwell Automation, to enter the electronics component manufacturing scheme (ECMS). The projects, committed to invest a total of ₹7,503 crore in the next five years, will focus on manufacturing battery components, raw materials for printed circuit boards, and equipment for product assembly in factories.
The approved projects span across Gujarat, Madhya Pradesh, and Uttar Pradesh, with companies securing incentives for their manufacturing facilities. This marks the sixth tranche under the ₹40,000-crore ECMS initiative, which aims to establish a domestic electronics component supply chain in India. IT Minister Ashwini Vaishnaw urged companies to submit clear plans for action before seeking incentives, emphasizing the scheme's focus on companies committed to advancing India's semiconductor value chain.
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