The Government of India recently approved the setting up of an Electronics Manufacturing Cluster (EMC) at Dharwad in Karnataka.
Rajeev Chandrasekhar, Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, recently announced the approval for setting up of the INR180 crore worth of Electronics Manufacturing Cluster (EMC) at Dharwad in Karnataka, 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 catalyze investments to the tune of over INR1,500 crore soon. Nine companies including start-ups have already committed to make investment of INR340 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. The Narendra Modi government is committed to build India as a manufacturing hub as part of its ‘Atmanirbhar Bharat’ policies,” Chandrasekhar said.
This EMC has strategic locational advantage and well connected with NH-48 (1km) and Hubli Domestic Airport (33km), which will reduce the logistics/transportation cost of the industry in the EMC.
The Center 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 April 1, 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 INR1,903 crore, including Central financial assistance of INR889 crore, have been approved, which projected investment target of INR20,910 crore.