Goa State Govt Allots Industrial Plots To Tuem EMC

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The key objectives behind the Tuem EMC are to create an ecosystem for electronics industries, to promote local employment and development of nearby villages

Goa’s Tuem electronic manufacturing cluster (EMC) has finally received industrial plots within the range of 7,000sqm to 38,900sqm from the state government of Goa, following a long delay, TOI reported.

The Goa government is developing the EMC at Tuem to address future demands for IT infrastructure.

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It is envisaged that the park will provide a steady supply of employment opportunities besides being specifically geared towards the needs of the IT and electronics system design and manufacturing (ESDM) sector.

The publication further informed that the department of information and technology has also put up 45 micro industrial zone plots, ranging from 300sqm to 800sqm, for allotment to component manufacturers who are part of the larger supply chain.

The department has offered larger industrial plots, which range from 7,000 sqm to 38,900sqm, at a lower rate of Rs 540 per sqm to attract investors, while the micro industrial plots are being offered at Rs 1,200 per sqm.

The Union ministry of electronics and information technology (MeitY) has granted financial assistance under the EMC scheme to set up the Tuem greenfield electronics manufacturing cluster.

The key objectives behind the Tuem EMC are to create an ecosystem for electronics industries, to promote local employment and development of nearby villages.

The Centre granted final approval for setting up the greenfield EMC at Tuem and has assured Goa Rs 73.8 crore as grants for the Rs 161.3 crore project.

Goa has already paid Rs 36.7lakh to Jones Lang LaSalle Property consultants for consultancy services for carrying out transaction advisory services for the Tuem ESDM.

Previously in November last year, it had been reported that the EMC will be set up over an area measuring close to six lakh square metres in Tuem.

InfoTech Corporation of Goa has been identified as the implementing agency for the project and has been planning and executing various works at the earmarked site for systematic and timely development of the EMC in accordance with MeitY’s greenfield EMC scheme.

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