{"id":15471,"date":"2025-04-10T12:19:44","date_gmt":"2025-04-10T12:19:44","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=15471"},"modified":"2025-04-10T12:20:51","modified_gmt":"2025-04-10T12:20:51","slug":"electronics-mfg-scheme","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/electronics-mfg-scheme\/","title":{"rendered":"Electronics Mfg Scheme"},"content":{"rendered":"<ul>\n<li>\n<p><strong>Electronics Components Manufacturing Scheme (ECMS) Notified:<\/strong> MeitY launched the ECMS to boost India&#8217;s position as a global electronics manufacturing hub (April 8, 2025).<\/p>\n<\/li>\n<li>\n<p><strong>Focus on Passive Components:<\/strong> Scheme targets manufacturing of passive electronic components like resistors, capacitors, connectors, speakers, sensors, etc. Active components are covered under the India Semiconductor Mission (ISM).<\/p>\n<\/li>\n<li>\n<p><strong>Incentive Structures:<\/strong> Offers three incentive models: turnover-linked, capex-linked, and hybrid (combination of both) to suit varying investment needs.<\/p>\n<\/li>\n<li>\n<p><strong>Support for Capital Equipment:<\/strong> The scheme supports the design and manufacturing of capital equipment used in electronics production.<\/p>\n<\/li>\n<li>\n<p><strong>Horizontal Initiative:<\/strong> Benefits span multiple sectors like consumer electronics, automobiles, medical devices, creating a multiplier effect.<\/p>\n<\/li>\n<li>\n<p><strong>Employment Generation:<\/strong> Mandatory requirement for all applicants, promoting job creation.<\/p>\n<\/li>\n<li>\n<p><strong>Growth in Electronics Sector:<\/strong> Electronics production has grown five-fold, and exports six-fold in the last decade, with smartphone exports exceeding \u20b92 lakh crore in the last financial year.<\/p>\n<\/li>\n<li>\n<p><strong>Ecosystem Development:<\/strong> Over 400 production units now exist, and the sector is evolving from finished goods to deep component manufacturing, increasing value addition.<\/p>\n<\/li>\n<li>\n<p><strong>Industry Trends:<\/strong> India&#8217;s electronics manufacturing has progressed from finished goods to sub-assemblies, now focusing on deep component manufacturing.<\/p>\n<\/li>\n<li>\n<p><strong>Investment and Gestation:<\/strong> Acknowledges higher investment needs and longer gestation periods for component manufacturing.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Electronics Components Manufacturing Scheme (ECMS) Notified: MeitY launched the ECMS to boost India&#8217;s position as a global electronics manufacturing hub (April 8, 2025). Focus on Passive Components: Scheme targets manufacturing of passive electronic components like resistors, capacitors, connectors, speakers, sensors, etc. Active components are covered under the India Semiconductor Mission (ISM). Incentive Structures: Offers three &#8230; <a title=\"Electronics Mfg Scheme\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/electronics-mfg-scheme\/\" aria-label=\"Read more about Electronics Mfg Scheme\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":15490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[1271],"class_list":["post-15471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-09-04-25"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Electronics Mfg Scheme - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/electronics-mfg-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electronics Mfg Scheme\" \/>\n<meta property=\"og:description\" content=\"Electronics Components Manufacturing Scheme (ECMS) Notified: MeitY launched the ECMS to boost India&#8217;s position as a global electronics manufacturing hub (April 8, 2025). 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Focus on Passive Components: Scheme targets manufacturing of passive electronic components like resistors, capacitors, connectors, speakers, sensors, etc. Active components are covered under the India Semiconductor Mission (ISM). Incentive Structures: Offers three ... 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