Ashok Chandak, President, Semiconductor Equipment and Materials International (SEMI) India and India Electronics and Semiconductor Association (IESA) has provided statement on the launch of Electronics Components Manufacturing Scheme (ECMS).

As per him, the ECMS initiative marks a significant milestone in bolstering India’s electronics manufacturing ecosystem and increasing domestic value addition, complementing the Semiconductor policy support.

He emphasised that SEMI and IESA are implementing multiple strategies to amplify this scheme and enhance its impact. He said,

  • “International collaborations: Through SEMI Global and IESA’s Memorandums of Understanding (MoUs) with industry associations in Japan, Korea, Taiwan, Singapore, and the USA, we are fostering international cooperation to enhance the electronics component ecosystem in India. We actively promote India’s policies on both domestic and global platforms to attract investments and develop the ecosystem with a prospect of global markets.
  • State-level partnerships: Serving as knowledge partners, IESA has established MoUs with multiple state governments to promote ESDM, including components manufacturing, across various regions, aligning with the ‘Make in India – Make for the World’ initiative.
  • Engagement with distributors: Most global and Indian component distributors are members of SEMI and IESA. We aim to support the distribution and warehousing needs of component manufacturers and user industries both within India and globally.
  • Support of EMS and original equipment manufacturer (OEM) Industries: Our member companies include Electronics Manufacturing Services (EMS) and OEMs that are keen on investing in and setting up plants, thereby driving demand and local value addition.
  • Global promotion of policies: We actively promote India’s policies on both domestic and global platforms to attract investments and develop the ecosystem with a prospect of global markets.

The ECMS, with a total budget outlay of Rs 229.19 billion, aims to attract investments of Rs 593.50 billion, resulting in the production of Rs 4,565 billion worth of products and generating additional direct employment of 91,600 persons, thereby strengthening India’s position as a global hub for electronics manufacturing.”