GECMS-2025, the Gujarat Electronics Component Manufacturing Policy 2025, has introduced by Gujarat Chief Minister Bhupendra Patel on Sunday. This new policy emphasises Gujarat's strong emphasis on policy-driven growth under Prime Minister Narendra Modi's leadership and seeks to establish the state as a global leader in electronics manufacturing.
The key benefit of the policy is that electronics projects approved by the Ministry of Electronics and Information Technology (MeitY) will receive full financial support from the central governmen if set up in Gujarat. In addition to that, these projects will also be eligible for state-level incentives, giving them a major advantage compared to projects in other states.
Double Support for Approved Projects
The Electronics Component Manufacturing Scheme (ECMS) of the central government closely resembles Gujarat's new program. The state government will automatically provide the equivalent amount of assistance to any project that is approved under ECMS. Better yet, within 30 days following the central government's payment, the Gujarati government pledges to distribute its portion of the monies.
This dual-incentive model is expected to attract over Rs 35,000 crore in new investments and generate many high-skilled jobs in the electronics sector. There are already four semiconductor facilities operating in Gujarat, which is already a manufacturing and automotive hub. This new policy will further strengthen related industries, reduce import dependence, and support innovation.
Focus on Investment, Innovation, and Talent Development
Investments in cutting-edge electronic components, including camera modules, lithium-ion batteries, multi-layer and HDI printed circuit boards, and display components, are encouraged by the policy. It also supports the tools and machinery needed for their production. To build a skilled workforce, the government will provide up to 12.5 crore to recognised institutions in Gujarat. This funding will help set up Centres of Excellence, Finishing Schools, and Research Labs. Moreover, companies will receive turnover-based incentives for six years, encouraging long-term business growth in the state.
