The Indian government recently introduced the Electronics Components Manufacturing Scheme (ECMS) with a substantial budget of Rs 23,000 crore. This initiative is designed to bolster the country’s domestic electronics production by focusing on companies with robust local design capabilities and high-quality standards. The primary goal of the scheme is to elevate India’s global electronics manufacturing share to 8 per cent while also attracting substantial investments that will result in the creation of numerous job opportunities and an overall boost in production value. The ECMS is poised to significantly contribute to India’s electronics manufacturing sector, positioning the country as a key player in the global market.