The Indian government has given its approval to 22 new investment proposals under the Electronics Component Manufacturing Scheme (ECMS), signifying a substantial push for domestic electronics manufacturing. These approvals, part of the third tranche of the scheme, involve a projected investment of ₹41,863 crore (approximately ₹42K crore), according to statements from the Ministry of Electronics and Information Technology (MeitY). With this latest round, the total number of approved projects under the ECMS has reached 46, attracting a cumulative investment of ₹54,567 crore. These initiatives are anticipated to generate production valued at ₹2,58,152 crore and create 33,791 direct employment opportunities, significantly strengthening India's electronics manufacturing ecosystem. Companies such as TDK India, BPL, Wipro Hydraulics, Motherson Electronic Components, Tata Electronics, Foxconn arm Yuzhan Technology, Samsung Display, Dixon, and Hindalco are among those receiving approvals in this phase. The approved projects will focus on manufacturing a wide range of components, including capacitors, Lithium-ion cells for electronic devices, copper-clad laminates, enclosures, anode material, connectors, display, and camera module sub-assemblies. The manufacturing units will be established across eight states, including Andhra Pradesh, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan, indicating a broader geographical distribution compared to previous tranches. Union Electronics and Information Technology Minister Ashwini Vaishnaw has emphasized the importance of in-house design teams for all firms and encouraged industry bodies to develop standardized design facilities at educational institutions. Launched in April 2025 with an outlay of ₹22,919 crore for six years, the ECMS aims to build robust manufacturing capabilities, attract investments, and integrate India into global value chains for electronics components.