Transfer of technology and local design ecosystem central to Electronics Component Manufacturing Scheme: MeitY Secretary

The Electronics Component Manufacturing Scheme (ECMS) has received an overwhelming response from the industry, reflecting strong interest in expanding India’s electronics ecosystem.

A key focus of the scheme, S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), told CNBC-TV18, is fostering transfer of technology and developing a local design ecosystem.

“Design is again a key area. Many companies, even without direct incentives on design, are coming into the country simply because India is one of the best…