Modern technology is not possible without electronic components. From smartphones to computers, televisions, automobiles and spacecraft, every electronic device depends on powerful components. With the development of technology, components are becoming smaller, more efficient and more powerful, and India has gained a lot of momentum in this direction. In this order, companies from home and abroad have become eager to invest in India. In fact, the central government is running the Electronics Components Manufacturing Scheme (ECMS) to promote electronics in the country. According to media reports, under this scheme, the central government has received a proposal of Rs 8000 crore to manufacture and assemble electronic components in the country. While big companies in China, which is called the hub of electronics manufacturing, are making bags and beds and are looking at India as an alternative, many big companies have become eager to invest in India under this government scheme. The main objective of the ECMS scheme is to make India self-reliant in the electronics supply chain and to create a strong electronics manufacturing ecosystem by attracting domestic and global investment. The Union Cabinet chaired by Prime Minister Narendra Modi approved the ECMS scheme with an investment of Rs 22,919 crore to make India self-reliant in the electronics sector.
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