Latest news with #EMC2.0
Hindustan Times
5 days ago
- Automotive
- Hindustan Times
Yeida to allot 100 acres land for electric vehicles
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) has decided to allot a 100-acre land parcel to Electric Vehicle Manufacturing Welfare Trust (EVMWT) that will make EVs, officials said on Thursday. Yeida said that a start-up manufacturing EV batteries for two-wheelers, including Royal Enfield, will be allotted 10,000 sqm in the 206-acre Electronics Manufacturing Cluster-2 (EMC-2) in Sector 10. (Sunil Ghosh/HT Photo) The authority issued Letter of Intent (LOI) on Thursday after the agency (EVMWT) demanded it for the land, as they have got multiple manufacturers who want to develop an integrated project near Noida International airport. The authority assured them of providing land in Sector 8. 'The EVMWT will set up a dedicated cluster for EV autorickshaw and two-wheeler production, along with component manufacturing. The land acquisition work is currently in progress in Sector 8. The LoI issued for the 100-acre allotment is subject to approval of the Invest UP Empowered Committee, state policy guidelines, and other applicable regulatory norms,' said Yeida chief executive officer (CEO) Arun Vir Singh. 'The Trust has informed the authority that over 150 units associated with it intend to set up manufacturing facilities. This initiative is expected to provide a major boost to the region's manufacturing sector,' the CEO added. Yeida said that a start-up manufacturing EV batteries for two-wheelers, including Royal Enfield, will be allotted 10,000 sqm in the 206-acre Electronics Manufacturing Cluster-2 (EMC-2) in Sector 10. Havells has already been allotted 50 acres here as the anchor company, and three other major firms have also secured plots. 'Neenjas Electric has been issued a LOI for manufacturing electric vehicle chargers, LED lighting panels, and related solar-based technologies in Sector 10. Founded in 2021, the start-up is based in Noida and operates manufacturing units in Greater Noida,' said Singh. Last week, Dixon Technologies secured 22.5 acres in EMC 2.0, becoming the third company to join the hub. Officials said Dixon has received the LOI to set up a manufacturing unit for mobile phones, consumer electronics, telecom equipment, lighting products, and white goods. Approvals were also issued to two other companies—Ascent-K Circuit and Aurionpro Toshi Automatic Systems—for setting up units under the central government's scheme. The 206-acre cluster has seen strong interest from top industrial players, officials added. 'The land acquisition process in Sector 10 is also ongoing. The EMC 2.0 project was formally approved by union IT Minister Ashwini Vaishnaw and Minister of State Jitin Prasada on Wednesday. Earlier, it received in-principle approval from the MeitY (ministry of electronics and information technology) during the 7th project review committee meeting held in April,' the CEO added.
The Hindu
6 days ago
- Business
- The Hindu
Government clears ₹417-crore electronics manufacturing cluster in Uttar Pradesh under EMC scheme
The Union Government on Wednesday (June 25, 2025) announced that it had cleared the establishment of a ₹417 crore Electronics Manufacturing Cluster (EMC) under the EMC 2.0 scheme in the Gautam Buddha Nagar district of Uttar Pradesh, which contains Noida. 'The approved EMC 2.0 project will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA),' the Government said. The EMC 2.0 scheme was notified in April 2020. Under the scheme, various parts of the country have been notified as electronics manufacturing clusters, with EMC projects attracting around ₹30,000 in investments, the government said in a statement. 'The project will lead to the creation of world-class infrastructure and generate 15,000 jobs,' IT Minister Ashwini Vaishnaw said in a statement. 'The (UP) State Government has a significant role in implementing the project,' the government said in a statement. 'Recognizing this, officials have been instructed to work closely with the state to ensure faster execution of the project.' Funds under EMC 2.0 are to be disbursed up to April 2028. The GB Nagar 'cluster's location … is well-connected by road, rail, and air,' the IT Ministry said. 'It is strategically positioned along the Yamuna Expressway, Eastern Peripheral Expressway, and the upcoming Palwal–Khurja Expressway.' 'The site is also close to key transport hubs like Railway Station & Jewar International Airport. Additionally, the EMC is surrounded by important industrial zones such as the Medical Device Park, MSME & Apparel Park, and the Aviation Hub,' he added.
Hindustan Times
6 days ago
- Business
- Hindustan Times
Centre approves ₹417-cr electronics manufacturing cluster under Yamuna Expressway
New Delhi The EMC 2.0 will be developed by the Yamuna Expressway Industrial Development Authority (Yeida) on 206.4 acres. (Representational photo/HT Archive) The central government has approved the setting up of a ₹ 417-crore Electronics Manufacturing Cluster (EMC 2.0) in Uttar Pradesh's Gautam Budh Nagar district, at Sector 10 of the Yamuna Expressway, to boost local electronics production and innovation. The project is expected to attract investments to the tune of ₹ 2,500 crore and lead to the creation of 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,' said IT minister Ashwini Vaishnaw. The EMC 2.0 will be developed by the Yamuna Expressway Industrial Development Authority (Yeida) on 206.4 acres. The ₹ 417-crore project cost excludes the cost of land, but includes ₹ 144 crore in central financial assistance from the IT ministry, with the remaining amount to be funded by Yeida, as per the approval document seen by HT. The project is expected to be completed by January 2028 and will feature facilities such as a skill development centre, a convention centre, and a three-storey hostel block, among others. The project is anchored by Havells, with an investment of ₹ 800 crore. The company will be allotted 50 acres for manufacturing domestic appliances, such as fans, AC, coolers, lighting, switchgear, cables, etc. The EMC 2.0, located along the Yamuna Expressway and near the upcoming Jewar airport, will also support the production of industrial electronics to medical devices, computer hardware, and communication equipment, according to a press release. The development comes as a further boost, close on the heels of last month's announcement of the establishment of an HCL-Foxconn semiconductor OSAT facility near Jewar airport. This unit will invite 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. In addition to central incentives, the state government is likely to announce a package worth over ₹ 10,000 crore to attract electronics manufacturers to set up operations in the state, HT has learnt. 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 it is normally said that Tamil Nadu leads in electronics exports, UP is ahead in overall manufacturing, with the majority of the state's output coming from the Greater Noida and Yamuna Expressway region, added the official.
India Gazette
6 days ago
- Business
- India Gazette
Govt. greenlights Rs 417 crore Electronics Manufacturing Cluster in Uttar Pradesh
New Delhi [India], June 25 (ANI): The Union government on Wednesday approved a Rs 417 crore Electronics Manufacturing Cluster (EMC 2.0) at Gautam Buddha Nagar, Uttar Pradesh, to boost local manufacturing and innovation. 'The project was reviewed by Union IT Minister Sh. Ashwini Vaishnaw and Minister of State Sh. Jitin Prasada today. The State Government has a significant role in implementing the project. Recognising this, officials have been instructed to work closely with the state to ensure faster execution of the project,' the Ministry of Electronics & IT said in a statement. This Electronics Manufacturing Cluster project will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA). This project will spread across 200 acres and is expected to attract Rs 2,500 crore in investment. 'The project will lead to the creation of world-class infrastructure and generate 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 Bharat,' Ashwini Vaishnaw said while speaking on the occasion. The project will include manufacturing across key areas like consumer electronics, automotive and industrial electronics, medical devices, computer hardware, and communication equipment. Startups and MSMEs will be able to take advantage of EMC 2.0 as they will be able to get world-class plug-and-play infrastructure and shared facilities. 'The cluster's location gives it a strong edge. It is well-connected by road, rail, and air. It is strategically positioned along the Yamuna Expressway, Eastern Peripheral Expressway, and the upcoming Palwal-Khurja Expressway,' the Ministry of Electronics & IT said while talking about the location of the project. Additionally, the site is also close to key transport hubs like the Railway Station & Jewar International Airport. As of now, about Rs 30,000 crore has been invested in the projects under the scheme. EMC has attracted 520 companies, leading to the generation of over 86,000 jobs. (ANI)
Time of India
6 days ago
- Business
- Time of India
Govt approves Rs 417 crore electronics manufacturing cluster in UP; set to create 15,000 jobs
Academy Empower your mind, elevate your skills The government on Wednesday approved a Rs 417 crore electronics manufacturing cluster (EMC 2.0) to be set up at Gautam Buddha Nagar in Uttar Pradesh, aimed at boosting local innovation and cluster is expected to attract investment of Rs 2,500 crore, the electronics and information technology ministry said in a will support manufacturing in consumer electronics, automotive and industrial electronics, medical devices, computer hardware and communication equipment.'The project will lead to the creation of world-class infrastructure and generate 15,000 jobs,' said Union minister for electronics and IT Ashwini added that the initiative is in line with the government's focus on promoting manufacturing in the project will be developed by the Yamuna Expressway Industrial Development Authority . It will be strategically located along the Yamuna Expressway, Eastern Peripheral Expressway and the upcoming Palwal-Khurja ExpresswayThe site is close to key transport hubs including a railway station and Jewar International Airport. The EMC is surrounded by important industrial zones such as the Medical Device Park, MSME & Apparel Park and the Aviation far, about Rs 30,000 crore has been invested in the projects under the scheme. The EMC has attracted 520 companies, leading to the generation of more than 86,000 jobs, as per official and micro, small and medium enterprises (MSMEs) will get access to world-class plug-and-play infrastructure and shared facilities, at the upcoming cluster, aimed at reducing infrastructure and logistics costs, the statement said. These include standard factory sheds, electricity, water provisioning, sewage treatment, hostels, skill development centres and health have been instructed to work closely with the UP government to ensure faster execution of the project, the statement said.
