India Approves 12 New Electronics Manufacturing Projects, Launches Chip Mission Portal

Business Standard · business

The Indian government has approved 12 new projects under the Electronics Component Manufacturing Scheme (ECMS), worth ₹39,045 crore, expected to create over 7,000 direct jobs. These projects, spanning multiple states, will focus on producing critical components like copper foil and active materials. Union Minister Ashwini Vaishnaw launched a portal for the India Semiconductor Mission 2.0, aiming to attract serious players for chip fabrication and assembly. The government is strengthening domestic electronics manufacturing to reduce import dependence and build a self-reliant value chain.