Latest news with #ECMS
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Business Standard
5 days ago
- Business
- Business Standard
Assam alternative destination for electronics makers: Himanta Biswa Sarma
Assam the alternative destination for electronics makers Premium Aashish Aryan New Delhi Listen to This Article The announcement of the setting up of an outsourced semiconductor assembly and test (OSAT) unit at Jagiroad near Guwahati in Assam has piqued the interest of several domestic and international investors, especially in the electronics manufacturing sector, Assam Chief Minister (CM) Himanta Biswa Sarma said. The Assam CM was in Delhi to talk to investors and companies about the state's Rs 25,000 crore electronics component manufacturing scheme (ECMS). The scheme envisages offering a top-up incentive of up to 60 per cent to companies that are approved under the central government's ECMS. In an interview with Aashish Aryan, Sarma said that,
Hans India
24-05-2025
- Business
- Hans India
Andhra Pradesh Seeks Central Support to Boost Electronics Manufacturing Sector
New Delhi: Andhra Pradesh Chief Minister N. Chandrababu Naidu met Union Minister for Electronics and IT, Ashwini Vaishnaw, in Delhi today to present a detailed proposal highlighting the state's potential in supporting India's ambitions in electronics manufacturing. During the meeting, Naidu expressed appreciation for the Centre's initiatives, particularly the Electronics Components Manufacturing Scheme (ECMS), which aims to strengthen India's position as a global electronics production hub. He emphasized Andhra Pradesh's readiness to align with this vision through progressive state policies, including the Semiconductor Display Fab Policy and the Electronics Manufacturing Policy. These frameworks are designed to attract investment through fiscal incentives and streamlined infrastructure offerings. Naidu outlined the state's competitive advantages, which include four upcoming Electronics Manufacturing Clusters, a skilled talent pool, robust logistics infrastructure, and a pro-industry governance model. He underscored Andhra Pradesh's strategic position to absorb global supply chain shifts away from China and contribute significantly to India's goal of achieving electronics self-reliance.
Time of India
22-05-2025
- Automotive
- Time of India
Dixon aims to boost exports, margin post closure of PLI scheme, says MD Atul Lall
A ramp-up in export volumes and margin expansion through the backward integration route will help Dixon Technologies offset any potential fall in margins and volumes after the production-linked incentive (PLI) scheme ends in FY26, a top company executive which has consistently met incremental production targets under the scheme, said incentives contribute around 0.6-0.7% to its mobile phone revenue margins, with majority of the savings passed on to customers. This was indicated during the company's earnings call on also does not expect a slide in volumes post-PLI closure due to its deeply entrenched relationships with customers, some of whom have inked strategic joint ventures with the company during the tenure of the scheme. Dixon shares closed 5.8% lower at ₹15,598 on BSE Wednesday. Dixon has guided production of 40-44 million smartphones in the current fiscal, which will ramp up to 60-65 million by FY27. Of the estimated 40-44 million smartphone volumes in FY26, it expects export volumes will make up 10-12 million to North America, which will increase significantly in FY27, Atul Lall , chief executive and managing director, Dixon Technologies, said. The company's customers in smartphone manufacturing include top Android brands in India, including Motorola, Xiaomi, Oppo, Realme, Vivo, Transsion, and Nothing. While direct incentives will end, Dixon believes the initiatives currently underway will generate benefits that are much more than the PLI contribution, albeit potentially with some time lag. "We are quite confident of mitigating the impact, and it will be largely driven by integration and also the efforts on efficiency and automation," Lall said. The company is constructing a new 1 million sq ft facility in Noida for smartphone manufacturing. "We feel that the initiatives that we are taking on automation, increasing our efficiency, and our foray into components under the ECMS (electronics components manufacturing scheme), the benefits and gains for us are going to be much more. There can be some time lag here and there, but on an overall basis we are sitting on a much healthier and more comfortable position, post PLI," Lall said.
Time of India
21-05-2025
- Business
- Time of India
Dixon aims to boost exports, margin post closure of PLI scheme, says MD Atul Lall
Dixon Technologies anticipates that increased exports and backward integration will compensate for any potential decline in margins and volumes following the conclusion of the PLI scheme in FY26. The company expects smartphone production to rise to 60-65 million units by FY27, with a significant portion destined for North American exports. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads ( Originally published on May 21, 2025 ) A ramp-up in export volumes and margin expansion through the backward integration route will help Dixon Technologies offset any potential fall in margins and volumes after the production-linked incentive (PLI) scheme ends in FY26, a top company executive said. Dixon , which has consistently met incremental production targets under the scheme, said incentives contribute around 0.6-0.7% to its mobile phone revenue margins, with majority of the savings passed on to customers. This was indicated during the company's earnings call on also does not expect a slide in volumes post-PLI closure due to its deeply entrenched relationships with customers, some of whom have inked strategic joint ventures with the company during the tenure of the shares closed 5.8% lower at ₹15,598 on BSE has guided production of 40-44 million smartphones in the current fiscal, which will ramp up to 60-65 million by FY27. Of the estimated 40-44 million smartphone volumes in FY26, it expects export volumes will make up 10-12 million to North America, which will increase significantly in FY27, Atul Lall , chief executive and managing director, Dixon Technologies, company's customers in smartphone manufacturing include top Android brands in India, including Motorola, Xiaomi, Oppo, Realme, Vivo, Transsion, and direct incentives will end, Dixon believes the initiatives currently underway will generate benefits that are much more than the PLI contribution, albeit potentially with some time lag."We are quite confident of mitigating the impact, and it will be largely driven by integration and also the efforts on efficiency and automation," Lall company is constructing a new 1 million sq ft facility in Noida for smartphone manufacturing."We feel that the initiatives that we are taking on automation, increasing our efficiency, and our foray into components under the ECMS (electronics components manufacturing scheme), the benefits and gains for us are going to be much more. There can be some time lag here and there, but on an overall basis we are sitting on a much healthier and more comfortable position, post PLI," Lall said.
Time of India
19-05-2025
- Business
- Time of India
Govt received 70 applications for electronic component manufacturing scheme, 80% from MSMEs
The government has received 70 applications for ₹23,000-crore electronics component manufacturing scheme, and majority of applicants are small and medium enterprises, Union minister Ashwini Vaishnaw said. These applications have come within half a month of opening the window for the scheme "Electronics Component Manufacturing Scheme has received tremendous response. Within 15 days of opening the application, around 70 applications have come," Vaishnaw told PTI. The minister did not disclose the name of applicants. However, sources have earlier mentioned that Tata Electronics , Dixon Technologies , and Foxconn were among the big players that have shown interest in the scheme. Vaishnaw said that while some of the big players have applied, there has been huge interest in the scheme from small and medium players. "80 per cent of the applications have come from small and medium enterprises," the minister said. The government opened applications for the ₹22,805-crore electronics component manufacturing scheme (ECMS) on May 1. The scheme aims to address demand-supply deficit in the electronic component segment. Electronic Industries Association of India (Elcina), the country's oldest industry body of the Indian electronics sector, estimates that the demand-supply deficit for inputs in the electronics segment will increase to $248 billion (about ₹21 lakh crore) by 2030 to cater to projected $500 billion electronics production, and it would be met largely by imports in absence of any measure from the government. The major portion of the scheme, ₹21,093 crore, is earmarked for sub-assemblies like camera module, multi-layered printed circuit board (PCB), flexible PCB, passive components that are fixed on the PCB by machines. A total of ₹1,712 crore has been earmarked for making parts used in sub-assemblies and capital goods used in electronics manufacturing. The scheme classifies display module and camera module sub-assembly in A category, while category B products include bare components like non-surface mount devices (non-SMD), multi-layered printed circuit board, lithium-ion cells for digital applications, enclosures for mobile, IT hardware products and related devices. Category C includes components like flexible PCB, SMD passive components. Besides, components used in making items listed under A, B and C categories as well as capital goods used in electronics manufacturing have been clubbed under D category. The government has opened the application window for A, B and C categories initially for three months starting May 1, and for a period of two years for D category items.
