News

Date: February 08, 2022

3 New Electronic Clusters proposals under consideration : STPI Chief

3 new electronic clusters proposals under consideration: STPI chief

"Three applications have been received for setting up electronic manufacturing clusters (EMC) in the states of Telangana, Uttarakhand and Maharashtra which are being reviewed for approval," Arvind Kumar, director-general, Software Technology Parks of india (STPI) said, adding that states such as Himachal Pradesh, Tamil Nadu, Kamataka and Bihar are in the process to apply for the Central scheme.

Three new proposals from states- Telangana, Maharashtra and Uttarakhand-for setting up electronics clusters under the new scheme, are under consideration by the Ministry of Electronics and Information Technology (Meity), a top official said.

The state-run organisation, founded in 1991 to encourage and promote software export from India, also offers infrastructure, skilling, mentoring, and market connect to startups.

"In EMC 2.0, we already have two such clusters already approved with a proposed area of 1,040 acres with a development cost of Rs 1410-crore", Kumar said.
Further, the official said that it is estimated that more than 45,000 direct job opportunities would be created through twin clusters.

Under the modified scheme, proposals from Haryana State Industrial and Infrastructure Development Corporation (HSIDC) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) have already been approved by the MeiTY.

In April, the Centre launched the Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme to offset disabilities faced by the sector, and to develop a robust electronics manufacturing ecosystem in the country, and to fortify the linkage between domestic and international market by strengthening supply chain.

Under the modified scheme, 50% of the development cost is borne by the government. With an increased scope, the EMC 20 allows at least 10% to 20% of the entire cluster to be taken up by an anchor or bigger unit which would further undertake their own investments.

"There is a traction around the scheme, and we are ensuring that there has to be a very clear-cut success criteria only then the government spends money out there," the official added.

Featured on leading daily as mentioned below :

Communications Today |  Telecom.Economictimes.IndiaTimes |  The Economic Times | 

Back to Top