Startups-MSMEs to get world-class infrastructure
The Government has approved Rs.417 crore Electronics Manufacturing Cluster (EMC 2.0) at Gautam Buddha Nagar, Uttar Pradesh, to boost local manufacturing and innovation, the Ministry of Electronics & IT said on 25 June.
The project was reviewed by IT Minister Ashwini Vaishnaw and Minister of State Jitin Prasada on 25 June. The State Government has a significant role in implementing the project. Recognizing this, officials have been instructed to work closely with the state to ensure faster execution of the project.
About 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 https://www.bseindia.com/.
Speaking on the occasion, Minister Vaishnaw said on 25 June, “The project will lead to the creation of world-class infrastructure and generate 15,000 jobs. It reflects the government’s sharp focus on job creation and building a Viksit Bharat https://www.nseindia.com/.”
Products: This cluster will support 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 get world-class plug-and-play infrastructure and shared facilities.
This includes standard factory sheds, electricity, water provisioning, sewage treatment, hostels, skill development centres, health centres etc. This will help reduce infrastructure and logistics costs https://ted.europa.eu/en/.
Location: 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 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 https://sbi.com.in/.
About EMC: So far, around Rs.30,000 crore have been invested in the projects under the scheme. EMC has attracted 520 companies, leading to the generation of over 86,000 jobs https://www.conexpoconagg.com/.
With this new EMC in Uttar Pradesh, India reinforces its commitment to becoming a global manufacturing hub. This will provide a strong foundation for electronics manufacturers to establish their operations in the country. Fiinews.com
