Electronics manufacturing clusters likely to be notified this month

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The Electronics Manufacturing Clusters Scheme, which aims to boost domestic electronics manufacturing, is expected to be notified in September, according to Telecom and IT Minister Kapil Sibal. This will provide financial incentives to technology companies that will set up manufacturing operations in India. “Hopefully by September notification of the cluster will also be done,” Sibal said.

The Government will provide financial support of up to Rs 50 crore for setting up a cluster that will take care of all needs for development of specific kind of electronics products, akin to government support provided for manufacturing companies in Taiwan and China.

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