Union Budget 2026-27 boosts electronics manufacturing with Rs 40,000 crore outlay for ECMS

The Union Budget 2026-27 has given a major fillip to India’s fast-growing electronics manufacturing sector by raising the outlay of the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore. The enhanced allocation underscores the government’s commitment to deepening domestic manufacturing capabilities, strengthening the component ecosystem, and positioning India as a global hub for advanced electronics.
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