This is under the Modified EMC 2.0 Scheme that the Centre launched last year in April to offset disabilities faced by the sector and to develop a robust electronics manufacturing ecosystem in the country
The government is considering approving three new proposals which it has received for setting up electronics manufacturing clusters (EMCs) from the states of Telangana, Maharashtra and Uttarakhand.
“Three applications have been received for setting up electronic manufacturing clusters (EMC) in the states of Telangana, Uttarakhand and Maharashtra which are being reviewed for approval,” said Arvind Kumar, director-general, Software Technology Parks of India (STPI).
This is under the Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme that the Centre launched last year in April to offset disabilities faced by the sector, and to develop a robust electronics manufacturing ecosystem in the country, and to fortify the linkage between domestic and international market by strengthening supply chain.
Kumar added that states such as Himachal Pradesh, Tamil Nadu, Karnataka and Bihar are in the process to apply for the Central scheme.
Proposals from Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) have already been approved by the MeitY.
“In EMC 2.0, we already have two such clusters already approved with a proposed area of 1,040 acres with a development cost of Rs 1410-crore,” Kumar said.
Further, the official said that it is estimated that more than 45,000 direct job opportunities would be created through twin clusters.
Under the modified scheme, 50 percent of the development cost is borne by the government. With an increased scope, the EMC 2.0 allows at least 10 percent to 20 percent of the entire cluster to be taken up by an anchor or bigger unit which would further undertake their own investments.
“There is a traction around the scheme, and we are ensuring that there has to be a very clear-cut success criteria only then the government spends money out there,” the official added.
The overall exports under the STPI-registered IT and ITes units increased from Rs 4.74 lakh crores in FY 2019-20 to nearly Rs 5 lakh crores in FY 2020-21.
