New Delhi, April, 2025.
Congratulating the Ministry of Electronics and Information
Technology (MeitY) on the launch of the Electronics Components Manufacturing
Scheme (ECMS), Mr. Ashok Chandak, President of SEMI India and IESA said,
"The ECMS initiative marks
a significant milestone in bolstering India's electronics manufacturing
ecosystem and increasing domestic value addition, complementing the
Semiconductor policy support”.
Speaking at the event of the release the scheme guidelines and
portal by Hon’ble Union Minister Shri Ashwini Vaishnaw on 26th April 2025, Mr.
Chandak emphasized that SEMI and IESA are implementing multiple strategies to
amplify this scheme and enhance its impact, including:
International
Collaborations: Through SEMI
Global and IESA's Memorandums of Understanding (MoUs) with industry
associations in Japan, Korea, Taiwan, Singapore, and the USA, we are fostering
international cooperation to enhance the electronics component ecosystem in
India. We actively promote India's policies on both domestic and global
platforms to attract investments and develop the ecosystem with a prospect of
global markets.
State-Level Partnerships: Serving as knowledge partners, IESA has
established MoUs with multiple state governments to promote ESDM, including
components manufacturing, across various regions, aligning with the 'Make in
India – Make for the World' initiative.
Engagement with Distributors: Most global and Indian component
distributors are members of SEMI and IESA. We aim to support the distribution
and warehousing needs of component manufacturers and user industries both
within India and globally.
Support of EMS and OEM Industries: Our member companies include Electronics
Manufacturing Services (EMS) and Original Equipment Manufacturers (OEMs) that
are keen on investing in and setting up plants, thereby driving demand and
local value addition.
Global Promotion of Policies: We actively promote India's policies on both domestic and
global platforms to attract investments and develop the ecosystem with a
prospect of global markets. In the upcoming SEMICON India event of Sept 1st
week , we hope to have several companies
and members demonstrating the progress in this direction.
The ECMS, with a total budget outlay of ₹22,919 crore, aims to
attract investments of ₹59,350 crore, resulting in the production of ₹4,56,500
crore worth of products and generating additional direct employment of 91,600
persons, thereby strengthening India's position as a global hub for electronics
manufacturing.