DeitY rolls out brownfield EMC guidelines for M-SIPS

- Advertisement -

In an initiative to upgrade brownfield clusters, DeitY has chalked out guidelines for brownfield EMCs, while guidelines for greenfield EMCs are expected soon

For a long time, the Indian electronics manufacturing industry has been waiting for facilities that could help develop brownfield clusters for electronics manufacturers. Finally, it seems that the guidelines for brownfield Electronic Manufacturing Clusters (EMCs), rolled out by the Department of Electronics and Information Technology (DeitY), will put an end to the problems faced by manufacturers.

Under the Modified Special Incentive Package Scheme (M-SIPS), the government will provide fiscal incentives to Electronics System Design and Manufacturing (ESDM) units located in EMCs. Through M-SIPS, assistance will be provided to both brownfield as well as greenfield units.
Brownfield EMCs are locations with existing electronics manufacturing activity. While DeitY chalks out guidelines for brownfield EMCs, we can soon expect the guidelines for greenfield EMCs as well.

- Advertisement -

With these guidelines in place, manufacturers can avail a number of benefits.
Under M-SIPS, 25 per cent subsidy is available to eligible electronics manufacturing units located in EMCs. The current guidelines are consequential to the said policy pronouncement and enables identification of brownfield EMCs, wherein M-SIPS benefit would be available. As per these guidelines, a brownfield EMC will be, as far as practicable, a contiguous area wherein the collocated ESDM units have potential synergies and positive externalities.

Ideally, a proposed brownfield EMC should have an aggregate annual turnover of at least Rs 10,000 million and a minimum of seven units. These units may produce the same or related ESDM products or services. They can use a similar input or share similar processes that will help create synergies and positive externalities across the units.

Also, these units can have access to common technical knowhow and assistance, and have linkages to scientific, academic and R&D institutions.

While the government will provide assistance to the units in brownfield EMCs, its role will be that of a facilitator. The members of the brownfield EMCs will need to set up a special purpose vehicle (SPV) to manage the facilities.

All applications for notification of brownfield EMCs, as per the application format, need to be submitted to DeitY. Hence, those interested need to fill in the required information pertaining to the proposed cluster. Details include the name of the applicant, the location of the cluster, constituent units, synergies and positive externalities, association with scientific, academic and R&D institutions, and environmental assessment.

By Richa Chakravarty

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Centre Considers Cutting Import Duty On Solar Panels

0
The renewable energy ministry held talks with the finance ministry to reduce import duty on solar panels by half As per the latest report from...
Bounce

Log9, Quantum Energy Unveil New Cargo 2-W EV

0
The first 200 e-scooters will be deployed with Whizzy Logistics in Hyderabad for hyperlocal deliveries. Log9 claims that its RapidX 2000 batteries are...

Modified Semicon India: Govt Invites Applications For Setting Up Semicon & Display Fabs

0
Under the Modified Programme, a financial incentive of 50% of the project cost will be provided for setting up of semiconductor/ display fabs in...

Exclusive

US PC Shipments Hit; Declined 28% Y-o-Y in 1Q23

0
Strong iPad performance led tablets shipments to perform relatively better Canalys forecasts the US PC shipments in 2024 to be 13% higher than...

IoT Analytics Lowers Five-Year IoT Market Outlook

0
The amount of money invested in global IoT start-ups decreased significantly in the last 12 months. Several major companies that were selling IoT...

“Renesas’ Strategy Is To Enable Domestic Manufacturing Of Content And Tailor It For India”

0
In March 2023, Renesas announced its partnership with Tata Consultancy Services (TCS) to set up an Innovation Centre to build semiconductor designs and software...

Important Sectors

Centre Considers Cutting Import Duty On Solar Panels

0
The renewable energy ministry held talks with the finance ministry to reduce import duty on solar panels by half As per the latest report from...

Modified Semicon India: Govt Invites Applications For Setting Up Semicon & Display Fabs

0
Under the Modified Programme, a financial incentive of 50% of the project cost will be provided for setting up of semiconductor/ display fabs in...

British Gas Unveils The New Hive EV Charger

0
British Gas only provides £100 in credit to Hive customers who move to the EV rate and £50 in Hive vouchers with every order...

US PC Shipments Hit; Declined 28% Y-o-Y in 1Q23

0
Strong iPad performance led tablets shipments to perform relatively better Canalys forecasts the US PC shipments in 2024 to be 13% higher than...

Gautam Solar Joins Hands With Jinchen; Aims To Double Its Solar Module Capacity

0
The Chinese company will cooperate with Gautam Solar to add 500 MW of tunnel-oxide passivated contact panel production capacity India's leading solar company, Gautam Solar...

Manufacturing

Centre Considers Cutting Import Duty On Solar Panels

0
The renewable energy ministry held talks with the finance ministry to reduce import duty on solar panels by half As per the latest report from...

Modified Semicon India: Govt Invites Applications For Setting Up Semicon & Display Fabs

0
Under the Modified Programme, a financial incentive of 50% of the project cost will be provided for setting up of semiconductor/ display fabs in...

British Gas Unveils The New Hive EV Charger

0
British Gas only provides £100 in credit to Hive customers who move to the EV rate and £50 in Hive vouchers with every order...

MeitY Invites Applications For Incentives Under PLI 2.0 For IT Hardware

0
The ministry notified the scheme on May 29 and plans to open the window of applications from June 01, 2023 With the aim to push...

Gautam Solar Joins Hands With Jinchen; Aims To Double Its Solar Module Capacity

0
The Chinese company will cooperate with Gautam Solar to add 500 MW of tunnel-oxide passivated contact panel production capacity India's leading solar company, Gautam Solar...