India, Oct. 6 -- India's manufacturing sector is at a defining moment in its journey. With strong government initiatives, private investment, and global supply chain shifts, the country is rapidly emerging as a global hub for high-value electronics and technology products. At the center of this shift is the Electronics Component Manufacturing Scheme (ECMS), a Rs.59,000 crore initiative that has begun reshaping India's electronics ecosystem.

Industry veterans like Dr. Ajai Chowdhry, Co-founder of HCL and Chairman of EPIC Foundation, believe ECMS is a game-changer. By incentivizing large-scale component manufacturing, the scheme is not only boosting domestic value addition but also laying the foundation for technology sovereignty - reducin...