Latest news with #ElectronicsManufacturingCluster
The Hindu
3 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
3 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
3 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)
New Indian Express
4 days ago
- Business
- New Indian Express
Government approves Rs 417 crore electronics manufacturing cluster in Uttar Pradesh
In a bid to strengthen electronic manufacturing in the country, the government on Wednesday approved the establishment of an Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh, with a project outlay of Rs 417 crore. The new cluster will cater to the production of consumer electronics, automotive and industrial electronics, medical devices, computer hardware, and communication equipment. Minister for Electronics and Information Technology, Ashwini Vaishnaw, said the project is expected to attract investments worth Rs 2,500 crore and generate approximately 15,000 jobs. '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,' said Vaishnaw.
Time of India
4 days ago
- Business
- Time of India
Government approves Rs 417 crore Electronics Manufacturing Cluster in UP's Gautam Buddha Nagar
The Central government on Wednesday approved the setting up of a Rs 417 crore Electronics Manufacturing Cluster (EMC 2.0) in Uttar Pradesh's Gautam Buddha Nagar , aiming to boost local manufacturing and innovation. The project was reviewed by the Union Minister Ashwini Vaishnaw and Minister of State Jitin Prasada today. Officials have been told to work closely with the state for the faster execution of the project. The approved EMC 2.0 project will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA). The cluster will be spread over 200 acres and expected to attract Rs 2,500 crore in investment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Speaking on the occasion, Vaishnaw said, '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.' The cluster will support manufacturing across key areas like consumer electronics, automotive and industrial electronics, medical devices, computer hardware, and communication equipment. Further, startups and MSMEs will be able to get plug-and-play infrastructure and shared facilities. Live Events This includes standard factory sheds, electricity, water provisioning, sewage treatment, hostels, skill development centres, and health centres. The cluster will be well-connected by road, rail, and air. It is 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. As of now, around 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.
