Science TechnologyThursday, 2 April 2026·The Hindu / PIB
MeitY’s 4th ECMS tranche: 29 projects, ₹7,104 crore investment, rare-earth magnet facility approved
MeitY approved 29 ECMS projects worth ₹7,104 crore in April 2026, including India’s first rare-earth permanent magnet manufacturing facility.
Key highlights
Direct fact
In April 2026, the Ministry of Electronics and Information Technology (MeitY) approved 29 applications under the 4th tranche of the Electronics Components Manufacturing Scheme (ECMS), with a total investment of ₹7,104 crore and an estimated output of ₹84,515 crore.
Key specifics
- 29 applications were cleared in the 4th tranche of ECMS in April 2026.
- Total approved investment: ₹7,104 crore, against an ECMS target of ₹59,350 crore.
- The projects are projected to create 14,246 jobs and output worth ₹84,515 crore.
- One project is India’s first manufacturing facility for rare earth permanent magnets from rare-earth oxides.
- Sector-wise approvals include 6 capital-goods projects, 2 display-module projects, 4 relay projects and 1 lithium-ion cell project.
Exam lens
Question type: scheme and industry match-the-following, ECMS, MeitY, ₹7,104 crore, 29 projects, 14,246 jobs, rare-earth permanent magnets. TNPSC may ask which ministry approved the scheme tranche and what the first-of-its-kind facility is.