Electronics Component Manufacturing Scheme (ECMS)

Question 1

total outlay

Answer 1

Rs 22,919 crore

Question 2

purpose

Answer 2

• to make India Atmanirbhar in electronics supply chain.
• This scheme aimed to develop a robust component ecosystem by attracting large international and domestic investments in electronics component manufacturing ecosystem.
• It will also help in increasing Domestic Value Addition (DVA) by developing capacity and capabilities and integrating Indian companies with Global Value Chains (GVCs).

Question 3

The scheme is projected to attract investment worth ______, which will result in the production of Rs 4,56,500 crore.

Answer 3

Rs 59,350 crore

Question 4

• It is expected to generate additional direct employment of _____ persons and many indirect jobs as well during its tenure.
• The scheme offers differentiated incentives to Indian manufacturers customized to overcome specific disabilities for various categories of components and sub-assemblies, enabling them to acquire technological capabilities and achieve economies of scale.

Answer 4

91,600

Question 5

total time period

Answer 5

6 year, with one year of gestation period

Question 6

Electronics is one of the world’s highest-traded and fastest-growing industries. The domestic production of electronic goods has surged from Rs 1.90 lakh crore in Financial Year 2014-15
(FY15) to Rs 9.52 lakh crore in FY24 at Compound Annual Growth Rate (CAGR) of over ______

Answer 6

17%

Question 7

the India’s exports of electronic goods have significantly increased from Rs 0.38 lakh crore
in FY15 to Rs 2.41 lakh crore in FY24 at CAGR of more than _____.

Answer 7

20%

Question 8

ECMS is India’s first dedicated Production-Linked Incentive (PLI) scheme specifically focused on boosting the manufacturing of electronic components. It was launched under the umbrella of the _______.

Answer 8

National Policy on Electronics (NPE) 2019

Question 9

objective

Answer 9

The objective of the scheme, is to develop a robust component manufacturing ecosystem by attracting investments (global & domestic) to increase in Domestic Value Addition (DVA) and increase in the global etrade by integrating its domestic electronic industry with GVC.

Question 10

target segments

Answer 10

Target segments, being divided into 4 segments as:

1. Sub- assemblies,
2. Bare components,
3. Selected bare
   components and
4. Supply chain ecosystem and capital equipment for electronic manufacturing.

Question 11

incentives

Answer 11

Incentives, are provided in 3 forms :

1. Turnover-linked incentive,
2. Capex-linked incentive and
3. Hybrid incentive.i.e. combination of both.

Question 12

base year for the computation of turnover linked incentive?

Answer 12

Application for the scheme will open on May 1, 2025 through an online portal(www.ecms.meity.gov.in).

• Financial Year 2024-25 (FY25) will be treated as the base year for the computation of turnover linked incentive