Latest news with #ElectronicsComponentManufacturingScheme
&w=3840&q=100)
Business Standard
27-05-2025
- Automotive
- Business Standard
SME Tracker: Electronics MSMEs to get boost from PLI, domestic demand
Additional boost is expected from the recently approved Electronics Component Manufacturing Scheme, which aims to achieve self-reliance in the electronics supply chain and foster a robust ecosystem Crisil Intelligence Listen to This Article India's electronics consumption grew an estimated 9-11 per cent year-on-year (Y-o-Y) to ₹15 trillion-₹16 trilion in FY25, powered by feature upgrades, affordable financing options, rising consumer aspirations and increasing industrial demand for electronic components. Additionally, the push for electric vehicles and the increasing use of electronics in the automotive and power sectors aided growth. Mobile phones, consumer electronics and industrial electronics together accounted for 55 per cent-60 per cent of total sales. This financial year, electronics consumption is projected to grow a higher 11 per cent-13 per cent on-year, driven by government initiatives aimed at boosting demand, such as rate cuts
India Gazette
26-05-2025
- Automotive
- India Gazette
Assam govt sets aside Rs 25,000 crore to incentivise electronic components manufacturing
New Delhi [India], May 26 (ANI): To boost its electronic components manufacturing ecosystem, the Assam government has decided to offer additional incentives to manufacturers willing to set up units in the northeastern state in addition to what the central government is offering. Chief Minister Himanta Biswa Sarma told reporters on Monday in New Delhi after a roundtable meeting with industry members that Assam's policy proposes to provide 60 per cent additional incentives to electronics components manufacturers, topping up the central government incentives. 'Various incentives have been topped up over and above the Government of India's policy,' said the CM. He said some rebates will also be provided on the GST front and social infrastructure, in addition to helping the companies develop the power ecosystem. CM said his government has earmarked Rs 25,000 crore as incentives for semiconductor and electronic component manufacturers. In late March, the Union Cabinet approved the Electronics Component Manufacturing Scheme with a funding of Rs 22,919 crore to make India self-reliant in the electronics supply chain. Soon after the central government announced the electronics components manufacturing policy, Assam also released its own components manufacturing policy. The CM underlined that any company intending to set up a components manufacturing unit in Assam would reap the benefits of three programmes - the central components manufacturing policy, Assam's components manufacturing policy, and the northeast India-focused UNNATI scheme. The UNNATI scheme, officially named the Uttar Poorva Transformative Industrialisation Scheme, is a central sector scheme launched by the Indian government to promote industrialisation and employment in the North Eastern Region (NER). Earlier, the Assam government also devised a policy for semiconductor makers, providing 50 per cent additional incentives on top of what the central government is offering. Giving an update about the under-construction Tata semiconductor facility in Jagiroad, CM Sarma said that the manufacturing will either start by the end of 2025 or the beginning of 2026. 'By the end of this year or beginning of next year, we will be able to ship out chips from the Tata semiconductor plant,' he said. With an investment of Rs 27,000 crore, the Tata semiconductor facility is expected to produce up to 48 million semiconductor chips per day. The project was approved by the Union Cabinet on February 29, 2024, followed by a quick ground-breaking ceremony. 'We have gained a lot of traction globally, many international delegations and companies have visited Assam,' he told reporters. A 52-member delegation led by the speaker of Japan's national assembly had also visited Assam recently. The chief minister told the press briefing today that his government is setting up an electronics manufacturing city around the Tata semiconductor plant named Ratan Tata Electronics Manufacturing City. The chief minister called upon industry leaders to take the first mover's advantage in Assam. The chief minister said the geographical disadvantages of Assam are being neutralised by the government's rapid infrastructure build-up - roadways, railways, and logistics. 'We have a sufficient amount to be disbursed as of now to facilitate the setting up of the infrastructure,' he told reporters. (ANI)
The Hindu
23-05-2025
- Business
- The Hindu
Government-purchased chip design tools used for lakhs of hours in universities
The Union Government's ChipIN Centre has driven lakhs of hours of circuit design training by students at the top electrical engineering institutes, according to data published by the Ministry of Electronics and Information Technology (MeitY). In 2022, the Union Government announced that it would be licensing Electronic Design Automation (EDA) tools and provide free access to these tools to startups and academia, under the Design Linked Incentive scheme and the Chips to Startups scheme. Anuj Grover, an associate professor at the Indraprastha Institute of Information Technology (IIIT) in Delhi, said that the government had paid 'through its teeth' to obtain these licenses, with great benefits for students. EDA tools from one company, Cadence, were used by IIIT students and researchers for more than 31,000 hours in April, according to MeitY's data. 'Both graduate and Ph.D students at IIIT are designing 'small circuits … that would go into chips' using these tools,' Dr. Grover said. These tools give students an advantage when they enter the industry, as most firms making chips also use EDA tools by the same vendors — Synopsys, Cadence, Keysight and Siemens. 'At internships his students undertake,' Dr. Grover said, 'IIIT students were put to work directly, while students from other institutes were given time to learn the EDA tools.' IIIT was previously purchasing a limited number of licenses even before ChipIN stepped in, as the institute has established courses in the subject. Dr. Grover said, 'The scarcity of licenses beforehand led to a small number of students being able to concurrently use the software. And costs for the licenses exceeded more than ₹10 lakh a year.' The government has given these 'EDA tools to 240 universities,' Minister of Electronics and Information Technology Ashwini Vaishnaw said at an event in April. At a separate occasion, while launching the Electronics Component Manufacturing Scheme, Mr. Vaishnaw again pointed to the effort, saying that a visiting Japanese delegation was 'surprised at the extent of democratisation' of these tools. It's not just IITs and IIITs that are using the EDA software — the data shows, for instance, that the Vellore Institute of Technology clocked more than one lakh hours of tool use from Synopsys in April alone. Dr. Grover said that while open source tools did exist, ChipIN gave them access not just to the tools, but access to dedicated tech support for them, which is included in the licenses the government obtained. The tools are a 'vital step towards generating industry-ready manpower and a self-reliant chip design ecosystem in India,' M. Hari Hara Sudhan, correspondent at the Dr. Mahalingam College of Engineering and Technology in Coimbatore, told The Hindu. He added that the Chips to Startup programme was 'inculcating the culture of entrepreneurship among students and researchers.'
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.
Time of India
18-05-2025
- Business
- Time of India
Govt received 70 applications for electronic component manufacturing scheme, 80 pc from MSMEs
Ashwini Vaishnaw (File photo) New Delhi, The government has received 70 applications for Rs 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 Rs 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 USD 248 billion (about Rs 21 lakh crore) by 2030 to cater to projected USD 500 billion electronics production, and it would be met largely by imports in absence of any measure from the government. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo The major portion of the scheme, Rs 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 Rs 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. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
