About Electronics Components Manufacturing Scheme:
- It was launched in 2025 by the Ministry of Electronics and Information Technology.
- Objective: To develop robust component manufacturing ecosystem by attracting investments (global / domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).
- The scheme will offer three incentive structures:
- turnover-linked incentive (based on revenue)
- capex-linked incentive (for investments in plants & machinery)
- hybrid incentive model (a combination of both)
- Employment generation will be a mandatory requirement for all applicants, including both component manufacturers and capital equipment producers.
- Tenure: It has six-year tenure with a one-year gestation period for the Turnover Linked Incentive and the Capex Incentive is available for a five-year period.
- The scheme focuses particularly on passive electronic components. In contrast, active components fall under the purview of the India Semiconductor Mission (ISM).
- Target: It to promote the manufacturing of select passive electronic components, including resistors, capacitors, speakers, microphones, special ceramics, relays, switches, and connectors.
