Higher ECMS outlay, ISM 2.0 signal renewed focus on electronics ecosystem

The Union Budget 2026-27’s decision to increase the outlay for the less-than-a-year-old Electronics Component Manufacturing Scheme (ECMS), along with the announcement of the next phase of the India Semiconductor Mission (ISM), signals a renewed focus on enhancing India’s position in the global electronics and semiconductor supply chain ecosystem, industry executives and experts said.