
Deeper Value Chains: Analyzing MeitY’s August 2026 Approvals Under India’s Electronics Component Manufacturing Scheme (ECMS)
India’s electronics sector has undergone rapid expansion over the past decade, transforming the country into one of the world's largest assembly hubs for finished consumer devices. However, this expansion historically relied on downstream Assembly, Testing, Marking, and Packaging (ATMP) operations, leaving the underlying value chain heavily dependent on imported sub-assemblies, passive components, and upstream raw materials.






