Union Minister for Electronics
& IT, Rajeev Chandrasekhar announced the approval for setting up of the Rs
180 crore worth Electronics Manufacturing Cluster (EMC) at Dharwad which is
expected to create over 18,000 jobs.
The project, which is being set up at Kotur-Balur Industrial
Area in Dharwad District of Karnataka under EMC 2.0 scheme, is expected to
catalyse investments to the tune of over Rs 1,500 crore soon. Nine companies, including start-ups have already committed to
make investment of Rs 340 crore with employment potential of 2,500
people.
“Karnataka is emerging as a global
Electronics manufacturing hub for the world, just as it is already a telecom
hub with Apple plants in Kolar (Wistron) and Devanahalli (Foxconn). These new
investments are creating jobs and development. .
Thes Electronic Manufacturing
Cluster has strategic locational advantage and well connected with NH -48 (1
Km), Hubli Domestic Airport (33 Km) which will reduce the logistics/
transportation cost of the industry set up in the cluster.
The Centre has already approved a
Common Facility Centre (CFC) for development of an advanced testing facility in
Mysore, Karnataka that will meet the various testing requirement of the
industry.
The Modified Electronics Manufacturing Cluster (EMC 2.0) scheme
was introduced on 1st April 2020 with an objective to create world class
infrastructure along with common testing
facilities, including Ready Built Factory sheds/Plug & Play
infrastructure for attracting Anchor unit along with their supply chain
to set up their manufacturing/production facility in the country.
Under the Scheme, three Electronics
Manufacturing Clusters over an area of 1,337 acres with project cost of Rs
1,903 crore, including Central financial assistance of Rs 889 crore have been
approved which projected investment target of Rs 20,910 crore.
As a result of these initiatives by
the Government, India has come a long way in electronics manufacturing in the
past eight years.