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Hindustan Times
6 days ago
- Business
- Hindustan Times
Govt approves ₹417 Cr electronics manufacturing cluster in UP
New Delhi: The government on Wednesday has approved a ₹ 417 crore electronics manufacturing cluster (EMC 2.0) in Uttar Pradesh. The EMC 2.0 will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA) across 206.4 acres (HT photos/ Representative photo) Developed by the Yamuna Expressway Industrial Development Authority (YEIDA) across 206.4 acres, the EMC 2.0 will come up in Sector 10, near Jewar Airport, which is likely to begin operations in May. The EMC 2.0 is expected to be completed by January 2028 and is likely to attract ₹ 2,500 crore in investments and create around 15,000 jobs. 'It is fully in line with Prime Minister Shri Narendra Modi's vision of promoting manufacturing in India. It reflects the government's sharp focus on job creation and building a Viksit (developed) Bharat,' Information Technology (IT) Minister Ashwini Vaishnaw said. The ₹ 417 crore approved by the government excludes the cost of land but includes central financial assistance of ₹ 144 crore from the ministry of electronics and information technology (MeitY), with the remaining amount to be funded by YEIDA, as per the approval document seen by HT. The project is anchored by Havells, with an investment of ₹ 800 crore. The company will be allotted 50 acres for the manufacturing of domestic appliances such as fans, ACs, coolers, lighting, switchgears, cables, etc. The project will feature facilities such as a skill development centre, a convention centre, and a three-storey hostel block. The EMC 2.0 will also support the production of industrial electronics, medical devices, computer hardware, and communication equipment, a statement issued by MeitY said. This follows last month's announcement of an HCL-Foxconn semiconductor OSAT (outsourced semiconductor assembly and test) facility to be established near Jewar Airport. This unit will attract an investment of ₹ 3,700 crore and is the sixth semiconductor unit announced under the IT ministry's India Semiconductor Mission (ISM). Uttar Pradesh will also soon unveil a state-level top-up to the Centre's electronics component manufacturing scheme (ECMS), previously reported by HT. The state government is also likely to announce a package worth over ₹ 10,000 crore to attract electronics manufacturers to set up operations in the state. Uttar Pradesh accounts for 25% of India's total electronics manufacturing and contributes a significant 50% to the country's mobile phone production, a senior government official told HT. While Tamil Nadu is often cited as the leader in electronics exports, UP leads in overall manufacturing, with the majority of the state's output coming from the Greater Noida and Yamuna Expressway region, the official added.
ABC News
7 days ago
- General
- ABC News
Parents fear for future of beloved Footscray community childcare centre as council considers lease changes
Dozens of community members are rallying against a council decision that could put a beloved not-for-profit childcare centre in Melbourne's inner west at risk of closure. For mother-of-two Ayeesha Montalti, the Bulldogs Community Children's Centre in Footscray has been a pillar of stability during a turbulent time, acting "as a family" and even supporting her through the loss of her mother three weeks ago. But last week, the Maribyrnong City Council voted in favour of removing the requirement for the centre to house a not-for-profit childcare provider, allowing for-profit providers to bid for the new lease. "When I found out about it, I was shocked," Ms Montalti said. "I found out via an email nearly a week after the council meeting had happened, we had no idea that there was even a discussion to renew this lease." The council has held the lease with the Western Bulldogs for the facility since 2009, and it has since been tenanted by not-for-profit group Early Childhood Management Services (ECMS). The current lease expired in April last year, and the Western Bulldogs have requested a new 10-year lease. The council will now consider new lease terms for the centre and undertake a formal consultation process, including a 28-day public notice period, on the continuation of that lease and its conditions. Community members have raised concerns that the Bulldogs may prioritise profits over the community. If a for-profit provider does take over, some parents fear they may be forced to withdraw their children due to rising costs. A petition calling for the centre to remain not-for-profit has garnered more than 600 signatures. "This is an urban growth area in the inner west, we know there are a few more private centres that are going to open. but demand outstrips supply," Ms Montalti said. "At community-run centres, so many families are in a position of not being able to get into a day care, so for a day care to potentially shut or change management is a really big issue." Maria Meek, who has two children — one still attends the centre — said the council's decision hit her "like a ton of bricks". She was concerned the move would jeopardise the centre's quality of care and affect current staff and management. "We just hope that this decision gets reconsidered by council and also by the Bulldogs because we really love our centre and we don't want anything to change," Ms Meek said. "We love the staff and love the management, and we know our kids are in the best place." A spokesperson for the Western Bulldogs Football Club said the request for new lease terms would provide certainty and flexibility regarding the continuation of childcare services at the centre. "The proposed terms would enable a longer tenure for a childcare provider, regardless of its 'for-profit' status," the spokesperson said. The spokesperson added that the club was not proposing any disruptions to the service and instead seeking a reduction in fees to support affordability for current and future families, while increasing service hours. "It should be noted that a removal of the not-for-profit clause from the headlease between club and council does not preclude the club from continuing to utilise a not-for-profit childcare provider at the site, but provides great flexibility," they said. In a letter to parents and guardians, ECMS stated that it had submitted a tender to the Western Bulldogs to continue to operate the service. It noted that the Western Bulldogs had advised ECMS that the tender for the service remained in a competitive state. Member for Footscray Katie Hall said she had been contacted by multiple constituents and supports the parents in their advocacy. She plans to pass on her concerns to the council. "I think people are rightly concerned that council assets are potentially being put into private hands and that might change the cost," Ms Hall said. "I am concerned about a lack of places locally … it's a great not-for-profit centre and I'm strongly supportive of not-for-profit early childhood education in the local area." For Ms Montalti, the main priority is keeping her son at a centre that has quickly become a second home. Maribyrnong City Council has been contacted for comment.
Time of India
23-06-2025
- Business
- Time of India
Gujarat Electronics Component Manufacturing Policy aims to reduce import dependency
Ahmedabad: Incentives for projects approved by MeitY , quick disbursal of assistance and reducing import dependency by attracting over ₹35,000 crore in new investments are among the prominent features of the Gujarat Electronics Component Manufacturing Policy-2025. The policy, which aims to transform Gujarat into a global hub for electronics manufacturing , was unveiled by Chief Minister Bhupendra Patel on Sunday. The policy states that projects approved and supported by the Union Ministry of Electronics and Information Technology (MeitY) will be eligible for 100 per cent Central assistance when established in Gujarat. Projects approved by the MeitY will receive incentives from both the Centre and the state government through a single approval and incentive assistance will disbursed within 30 days, a government release stated. "This means MeitY-approved projects set up in the state will receive dual incentive benefits from the Central and Gujarat governments," it said. Aligned with the Union government's Electronics Component Manufacturing Scheme (ECMS), the policy ensures "a 100 per cent top-up on Central support while guaranteeing timely disbursement of assistance. "Once a project is approved under the ECMS from MeitY, it will automatically become eligible for the same grant-in-aid in Gujarat. The state government will disburse its incentive within 30 days of the Centre releasing the assistance," the release said. The policy aims to reduce dependence on imports and improve technological resilience by attracting over ₹35,000 crore in new investments. It aims to create substantial high-skilled employment opportunities within the state's electronics component manufacturing sector. The policy hopes to boost investment in key segments, such as multi-layer and HDI printed circuit boards, lithium-ion cells, SMD passive components, display and camera modules, electronic parts, and the additional machinery for their production. "The policy's core focus is to bridge the talent gap, promote innovation, and offer support for research and development initiatives, with the recognised Gujarat-based institutions being eligible for assistance of up to ₹12.5 crore to establish centres of excellence, finishing schools, or applied research laboratories," the release stated. The policy aims to establish Gujarat as a prominent player in global electronics supply chains by promoting the manufacturing of local electronic components and sub-assembly production, reducing import dependency, and boosting exports, which will drive product value growth in global electronics value chains (GVCs). The Government of India (GoI) guidelines mandate the submission of applications to avail of the benefits of this policy by July 31, 2025. All MeitY-approved projects operating in Gujarat will automatically become eligible for availing of the policy benefits along with developing or proposed projects for incentives. The government said only the units other than those receiving assistance under Gujarat Electronics Policy 2022-28 will be eligible for benefits under this policy, and those availing benefits under this policy will not qualify under the Gujarat Electronics Policy.
Time of India
22-06-2025
- Business
- Time of India
Gujarat rolls out electronics policy to xraw investment of Rs 35,000 crore
Gujarat's GECMS-2025 aims to attract industries and boost electronic component manufacturing, targeting ₹35,000 crore in new investments and high-skilled job creation. The policy offers 100% central assistance for MeitY-approved projects established in Gujarat, ensuring dual incentive benefits. It focuses on key segments like printed circuit boards and lithium-ion cells, while also supporting R&D and talent development with assistance for institutions. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In a bid to attract attract industries and boost production of electronic components in the state, Gujarat rolled out he Gujarat Electronics Component Manufacturing Policy-2025 ( GECMS-2025 ).The police targets to garner over ₹35,000 crore in New Investments and high-skilled employment generation in Gujarat's electronics component manufacturing to the state government, under this new policy, projects approved and supported by the MeitY, Government of India, will be eligible for 100% central assistance when established in Gujarat. Hence, MeitY-approved projects set up in the state will receive dual incentive benefits, one from the Central government and another from the state with the Central Government's Electronics Component Manufacturing Scheme (ECMS), Gujarat's GECMS-2025 ensures a 100% top-up on central support and guarantees timely disbursement of once a project receives approval under the ECMS from MeitY, it will automatically become eligible for the same grant-in-aid in Gujarat. The state government will disburse its incentive within 30 days of the Central government releasing its policy will boost investment in key segments such as multi-layer and HDI printed circuit boards, lithium-ion cells, SMD passive components, display and camera modules, electronic parts, and the additional required machinery essential for their production. A core focus of the policy is to bridge the talent gap, promote innovation and offer support for Research and development initiatives. Recognised institutions based in Gujarat will be eligible for assistance of up to ₹12.5 crore from the state government to establish centres of excellence, finishing schools, or applied research laboratories.
India Gazette
22-06-2025
- Business
- India Gazette
Gujarat CM Patel announces Gujarat Electronics Component Manufacturing Policy
Gandhinagar (Gujarat) [India], June 22 (ANI): Gujarat Chief Minister Bhupendra Patel has announced the Gujarat Electronics Component Manufacturing Policy-2025 (GECMS-2025), further strengthening Gujarat's identity as a policy-driven state under the visionary leadership of Prime Minister Narendra Modi. Aimed at transforming Gujarat into a global hub for electronics manufacturing, this new policy brings a significant advantage: projects approved and supported by the Ministry of Electronics and Information Technology (MeitY), Government of India, will be eligible for 100 per cent central assistance when established in Gujarat. Hence, MeitY-approved projects set up in the state will receive dual incentive benefits, one from the Central Government and another from the State Government according to a press release. Thoroughly aligned with the Central Government's Electronics Component Manufacturing Scheme (ECMS), Gujarat's GECMS-2025 ensures a 100 per cent top-up on central support and guarantees timely disbursement of assistance. Also, once a project receives approval under the ECMS from MeitY, it will automatically become eligible for the same grant-in-aid in Gujarat. The State Government will disburse its incentive within 30 days of the Central Government releasing its assistance. Gujarat has established itself as a leading manufacturing and automobile hub in India's industrial landscape. With four semiconductor plants now operational in the state, the newly announced policy will further strengthen the upstream industries. This development will reduce import dependency and improve technological resilience. The policy aims to attract over Rs 35,000 crore in new investments and create substantial high-skilled employment opportunities within the state's electronics component manufacturing sector. Unveiled by the Chief Minister, the policy will boost investment in key segments such as multi-layer and HDI printed circuit boards, lithium-ion cells, SMD passive components, display and camera modules, electronic parts, and the additional required machinery essential for their production. A core focus of the policy is to bridge the talent gap, promote innovation and offer support for Research and development initiatives. Recognised institutions based in Gujarat will be eligible for assistance of up to Rs 12.5 crore from the state government to establish Centres of Excellence, Finishing Schools, or Applied Research Laboratories. Additionally, under the GECMS, turnover-linked incentives will be provided for six years. (ANI)
