Budget 2026–27 Expands ECMS to ₹40,000 Cr, Boosting India’s Electronics Manufacturing Ecosystem

Mr. Sanjeev Agarwal, Executive Director & Chief Manufacturing Officer, Lava International Limited, said: “The expansion of the Electronics Components Manufacturing Scheme to ₹40,000 crore is an encouraging move to strengthen India’s electronics manufacturing ecosystem. For ECMS to deliver its intended impact, it will be important to ensure that the necessary infrastructural enablers are set up, along with timely and effective implementation. This will be key to translating the policy intent into outcomes.”