Wipro, Rockwell, Lohum are among the 12 manufacturers to enter the electronic component manufacturing scheme | Today’s news
New Delhi: Azim Premji’s robotics arm Wipro Enterprises and US firm Rockwell Automation are among the 12 companies that have received government approval to manufacture and locate electronics components and raw materials in India.
The Ministry of Electronics and IT (Meity) on Friday approved new projects under the Electronic Component Manufacturing Scheme (ECMS) for local production of battery components, printed circuit board raw materials and equipment for manufacturing products in factories. Projects have been committed in total ₹7,503 crore in investments spread over five years and will largely be eligible for incentives once they start production.
Companies approved under the new tranche include Indo Asia Copper Ltd’s ₹A Rs 3,546-crore copper foil plant in Gujarat that will supply raw material for lithium-ion battery cell manufacturing as well as printed circuit board manufacturing. Advanced Carbons Company (TACC) Ltd was also approved to set up a ₹2,438 crore facility to manufacture anode material for battery cells in Madhya Pradesh.
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Energy recycling startup Lohum Vidyuta Materials subsidiary has also secured incentive eligibility for a battery materials plant in Uttar Pradesh with investment ₹399 million crowns.
Others include Wipro Precision Automation and Robotics India (Pari) – a wholly-owned subsidiary of Wipro Enterprises, and Rockwell Automation India – the local arm of the US robotics group, which has been approved for incentives to localize assembly and manufacturing of electronics machinery in a combined investment ₹211 million.
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ECMS investment goals
Friday’s approval marked the sixth tranche under Meity’s flagship company ₹40,000 crore ECMS initiative which seeks to bring in and establish a domestic supply chain for electronic components. The scheme was announced in April 2025 and followed India’s efforts to create a domestic mobile phone assembly ecosystem through Production Linked Incentives (PLI).
The scheme has “exceeded all the targets that were originally set by ECMS”, said S Krishnan, secretary of Meity, during the announcement.
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“This is one of those rare programs that has gone over budget before it’s over and has been extremely successful. To date, ECMS has approved 118 applications in 16 states for 34 products with approved investment targets ₹77,051 crore and current electronics production targets ₹5.73 trillion. Even in terms of employment, ECMS has created 81,755 jobs, with some to go.”
However, IT Minister Ashwini Vaishnaw urged companies to narrow down applications and have a clear path to action before seeking incentives.
“We have seen a bunch of incomplete applications and I want to urge the secretary to reject them outright. We are only interested in incentivizing companies that are serious about India’s efforts to move up the semiconductor value chain, so we will only support applications that have a clear roadmap in terms of manufacturing and planning,” the minister added.
Sushil Pal, joint secretary of Meita, said the sixth tranche was the first in the scheme’s history to consider companies outside the electronic systems design and manufacturing (ESDM) ecosystem for incentives. Previously, the scheme was reserved for companies within the e-ecosystem.
Tata Electronics, Motherson Group and Taiwanese global electronics giant Foxconn, a subsidiary of Yuzhan, received the ECMS’s biggest approval to date to manufacture mobile phone housings locally.
The program offers incentives of up to 8% of annual turnover for component manufacturing and up to 25% of capital expenditure for equipment manufacturing required in the industry.
