The Mobile Phone Manufacturing Scheme (MPMS), backed by a ₹62,500 crore outlay, aims to transition India from a mobile assembly hub to a global manufacturing powerhouse. It directly incentivizes domestic value addition, Indian brand creation, and strategic component localization.
Click to View MoreThe Electronics Components Manufacturing Scheme (ECMS) is a Government of India initiative aimed at strengthening domestic production of electronic components and sub-assemblies to reduce import dependence and increase value addition within the country. With its outlay enhanced to ₹40,000 crore in the Union Budget 2026–27, the scheme supports investment, technology adoption, and integration into global value chains while complementing broader initiatives like the India Semiconductor Mission. By promoting high-value manufacturing and job creation, ECMS plays a key role in India’s ambition to become a global hub for electronics manufacturing.
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