India's top electronics contract makers such as Dixon Technologies, Micromax and Optiemus Electronics plan to invest about ₹1,000 crore each to take advantage of the recently announced ₹22,919-crore component manufacturing scheme that's been long awaited by the industry. The focus will be on high-value components and sub-assemblies that constitute more than 50% of the bill-of-materials in finished electronics, including mobile phones and laptops, executives at the companies and industry bodies told ET.The cabinet Friday approved the electronics component manufacturing (ECM) programme aimed at developing a robust supply chain in India, boosting investment and creating jobs. The scheme, which provides incentives based on turnover and capital expenditure, targets sub-assemblies, bare components and capital equipment in a bid to increase domestic value addition to 30-35%, comparable with South Korea and Taiwan.119771302Industry Upbeat It also targets bare components and capital equipment in a bid to raise domestic value addition to 30-35%, comparable with South Korea and Taiwan. While guidelines are awaited, the companies have confirmed participation in the incentive scheme, and have already started looking for partners and investing in clean-room facilities, targeting the start of production between FY26 and FY27.Dixon Technologies will be making an upfront investment of ₹800-1,000 crore in FY26 for camera module and display assembly lines, with mechanicals due to start from the fiscal year after that, Dixon Technologies CMD Sunil Vachani told ET.Mechanics or mechanicals are components that hold the motherboard, central processing unit and other sub-assemblies together in electronics products. Manufacturing these components involves complex engineering and requires high-tech machines."The success we have achieved in the finished goods manufacturing is only sustainable if we had this (scheme)," said Vachani. "The industry is quite upbeat. At Dixon, we already announced plans for the display module and our intention to make camera modules."He added that Dixon also plans to get into mechanics. "The three sectors are being prioritised." For the rest of the components under the scheme, Dixon will be working with some of its medium and small-scale vendors to handhold them, help them expand capacity and set up world-class facilities, Vachani said.