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HomeBusinessMake-In-India Impact: Electronics Manufacturing Boom Creates 25 Lakh Jobs, Says Vaishnaw

Make-In-India Impact: Electronics Manufacturing Boom Creates 25 Lakh Jobs, Says Vaishnaw


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Ashwini Vaishnaw highlights India’s electronics manufacturing boom with Make in India, ECMS, record Rs 1.15 lakh crore investments, 1.42 lakh jobs, etc.

News18

India’s push to become a global manufacturing hub in electronics and increase export share with Make in India schemes and production-linked incentives in the past few years has borne fruit now. Union Minister Ashwini Vaishnaw shared a thread on X highlighted the rising growth of India in electronics manufacturing, along with the creation of jobs and attracting record investments.

Highlighting the impact of government-led manufacturing policies, Vaishnaw said the Electronics Component Manufacturing Scheme (ECMS) is playing a key role in shifting India’s focus from assembling finished products to building a strong component ecosystem. Under the scheme, 249 applications have been received, committing investments worth Rs 1.15 lakh crore. These projects are expected to generate Rs 10.34 lakh crore worth of production and create 1.42 lakh jobs, marking the highest-ever investment commitment in India’s electronics sector.

Self-Reliant In Semiconductor Manufacturing

Alongside component manufacturing, India is also making progress in the semiconductor space. The minister said 10 semiconductor units have been approved so far, with three already in pilot or early production stages. Once fully operational, fabrication units and ATMP (Assembly, Testing, Marking and Packaging) facilities based in India are expected to supply chips directly to domestic mobile phone and electronics manufacturers, reducing import dependence.

Vaishnaw further noted that electronics manufacturing has already created 25 lakh jobs over the last decade, calling it “real economic growth at the grassroots level.” He added that as semiconductor manufacturing and component ecosystems scale up, the pace of job creation is likely to accelerate further.

“This is the ‘Make in India’ impact story,” Vaishnaw said, underlining how manufacturing-led growth is strengthening India’s position in the global electronics value chain.

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