Maharashtra to develop three electronic manufacturing clusters in Pune
28 June 2014
Maharashtra is developing three brown field electronic manufacturing clusters (EMC) in the state, with the help of India Electronics and Semiconductor Association (IESA), involving investment of Rs100 crore each.
IESA has signed a deal with the Maharashtra government for developing the electronic manufacturing cluster in Pune.
IESA, a trade body representing the Indian electronic system design and manufacturing (ESDM) industry, also signed a memorandum of understanding with the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) for collaboration on the project.
The areas of focus will include auto electronics, defence electronics, instrumentation and agriculture.
''The state government has identified electronic system design and manufacturing (ESDM) as a sector of focus and decided to set up three brown field EMCs at Pune, Aurangabad and Navi Mumbai,'' P Anabalgan, joint CEO, Maharashtra Industrial Development Corporation, said.
The Pune cluster is being developed under the department of electronics and information technology's (DeitY) electronic manufacturing clusters (EMC) scheme.
The EMC projects will be implemented by an SPV, set up as a public limited company to implement the project. MICCA, along with private companies, industry associations, financial institutions, research and development institutions, state or local governments or their agencies and units within the EMC will lend their support to the SPV.
EMC will provide common facilities for production and R&D support services, which will benefit the local companies.
Besides the funding support available from DeitY, government of India under its EMC scheme, the state will also extend its proactive support to enable these clusters to be set up at the earliest, added Anbalagan.
With facilities like test and measurement, prototyping and calibration, the setting up of the electronics cluster is expected to benefit over 500 companies in and around Pune.
IESA chairman Ashok Chandak said, ''IESA is closely working with government and industry to make India a default destination for electronics design-led manufacturing. Leveraging the initiatives of MIDC and entrepreneurial ecosystem, the electronics sector can catalyse the economic growth of the region.''
The ESDM industry is estimated to reach $400 billion and will need a cumulative investment of about $100 billion to be able to generate employment for about 28 million people.