Elcina to launch India’s first ESDM cluster

- Advertisement -

To give fillip to electronics manufacturing, industry body Elcina has partnered with Vittal Innovation City (VIC) to launch India’s first Electronic Systems Design and Manufacturing cluster in Karnataka, reports the Hindu Business Line.

This cluster will come up in Ananthpur district, which is 117 km from Bangalore airport. This cluster will come up over 100 acres, out of a total 300 acres was procured by VIC.

Further, this cluster aims to attract about 40-50 mid-sized manufacturers of electronics components. Companies setting up manufacturing bases will get physical infrastructure (such as power backup), product certifications through test labs, enable knowledge creation, conduct Research and Development with handholding from VIC’s management team. However, once operational, it would be managed by cluster members.

- Advertisement -

“Additionally, we will help companies to market the components manufactured here and bring in investors who are keen to invest in these companies,” said N Vittal, chairman, Vittal Innovation City. According to Electronic Industries Association of India (Elcina) officials, this will help in generating about 18,000 jobs in the area.

“Electronics manufacturers, in a zero duty environment were finding the going extremely tough and this was impacting industry growth,” said T Vasu, president, Elcina. “This is a positive start and will help Indian manufacturers to compete with others,” said A. Gururaj, MD, VIC. The cluster has 130 Kilo Volt Amperes (kVA) of power readily available, and according to Elcina officials, adequate water requirements will be available too.

This is the first of the 200 manufacturing clusters planned by the Union Government. This electronics cluster is based on a recommendation by a task force that was set up the Union Government to grow the nascent electronics manufacturing market in the country.

Elcina and VIC are seeking special incentive proposal of subsidies in the range of 20-25 per cent on plant and machinery-related investments from the Union Government.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

Aparajitha Acquires Simpliance Tech

0
The compliance service provider takes up 76% equity stake in Simpliance Aparajitha Corporate Services Private Limited, India’s leading compliance service provider recently announced the acquisition...

Exclusive

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

Aparajitha Acquires Simpliance Tech

0
The compliance service provider takes up 76% equity stake in Simpliance Aparajitha Corporate Services Private Limited, India’s leading compliance service provider recently announced the acquisition...

Important Sectors

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

EcoEnergy Insights Fetches Award For IoT Services

0
The company's BluEdge™ Command Centers got recognition at the awards A Carrier company and AI & IoT solutions provider EcoEnergy Insights recently earned the "Best...

Asteria Aerospace Recieves First Micro Category Drone Certification

0
A200 can also be used to impart pilot training. The A200 drone was fully compliant with the Certification Scheme for Unmanned Aircraft Systems notified in...
EV

Increase in EV Prices Push Away the Potential UK and US Buyers

0
Only 5% of UK and US respondents currently use EV. As per Juniper Research survey, 66% of UK and 61% of US respondents are not...

Manufacturing

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Sanmina & Reliance JV To Boost Electronics Hardware

0
The joint venture will create a state-of-the-art ‘Manufacturing Technology Center of Excellence' Sanmina Co, a leading integrated manufacturing solutions company recently declared the completion of...
EV

Increase in EV Prices Push Away the Potential UK and US Buyers

0
Only 5% of UK and US respondents currently use EV. As per Juniper Research survey, 66% of UK and 61% of US respondents are not...

Indian EV Startup Euler Motors Raises $60 Million

0
The company intends to increase its production capacity and broaden its offerings range Delhi-based EV Startup Euler Motors secured a sum of $60 million in...

Intel: Quantum Chip Production Hits Major Milestone

0
The research was conducted using Intel’s second-generation silicon spin test chip The Intel Labs and Components Research organizations recently announced that they achieved the industry’s...