News: MeitY has approved 22 new projects with an investment of ₹41,863 crore, aimed at creating a self-sufficient ecosystem for high-value electronic components.
Comprehensive Details:
- The Problem: India's electronics sector has historically been an "assembly-only" hub (low value-addition). We import "bare components" (PCBs, chips, sensors) mostly from China.
- Strategic Objective: To achieve a $500 billion production target by 2030 and increase Domestic Value Addition (DVA).
- Target Segments:
- Sub-assemblies: Display and Camera modules.
- Bare Components: Multi-layer PCBs, Lithium-ion cells (for digital use), and Copper Clad Laminates (CCL).
- Capital Goods: Incentivizing the machinery required to build these components.
- Incentive Structure: Unlike the PLI (which is purely production-linked), ECMS offers Hybrid Incentives—a mix of Capex support (for setting up plants) and Turnover-linked benefits (for sustaining production).
- Mains Value-Add: Discuss this under "Supply Chain Resilience" and "Reducing Trade Deficit with China."
IAS-2026 - OPTIONAL / GEOGRAPHY / PUBLIC ADMINISTRATION / SOCIOLOGY / ANTHROPOLOGY / ORIENTATION ON 03 & 04-10-2025 
