In News
Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT announced the approval for setting up the Electronics Manufacturing Cluster (EMC) at Dharwad which is expected to create over 18,000 jobs.
About
- The project is being set up at Kotur-Balur Industrial Area in the Dharwad District of Karnataka under EMC 2.0 scheme.
- 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).
- The Centre and the Karnataka government will set up the cluster with a 50:50 partnership.Â
Electronic Manufacturing Clusters (EMC)
- The Electronics Manufacturing Clusters (EMC) scheme: Launched in 2012 to provide support for the creation of world-class infrastructure for attracting investments in the Electronics Systems Design and Manufacturing (ESDM) Sector.
- Grant assistance
- Greenfield EMC – 50% of project cost subject to a ceiling of Rs. 50 crore per every 100 acres of land.
- Brownfield EMC – 75% of the project cost is subject to a ceiling of Rs. 50 crore per project.
- It is aimed to make India a global player in the field of Electronics Manufacturing and to offset disabilities faced by industries for reliable infrastructure.
- Grant assistance
- The Modified Electronics Manufacturing Cluster (EMC 2.0) scheme: It was introduced in 2020 with the 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.
- It provides financial assistance for the setting up of both EMC projects and Common Facility Centres (CFCs) across the country.Â
- The Scheme is open for receipt of applications for a period of 3 years from the date of notification. A further period of 5 years is available for the disbursement of funds to the approved projects.
